SHORTDAX TR

D1A9

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	D1A9
ISIN:	DE000A0C4CT0

SHORTDAX TR - 1H - Technical analysis published on 10/03/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 1,532.47 EUR

My targets

1,573.06 EUR (+2.25%)

1,617.55 EUR (+5.15%)

My analysis

The bullish trend is currently very strong on SHORTDAX TR. As long as the price remains above the support at 1,532.47 EUR, you could try to benefit from the boom. The first bullish objective is located at 1,573.06 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,617.55 EUR as an objective. Crossing it would then enable buyers to target 1,874.53 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SHORTDAX TR rating is 1,538.37 EUR. On the day, this instrument gained +1.08% and was traded between 1,521.14 EUR and 1,539.41 EUR over the period. The price is currently at +1.13% from its lowest and -0.07% from its highest.

1,521.14

1,539.41

1,538.37

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SHORTDAX TR:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this SHORTDAX TR chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,510.16	1,524.09	1,532.47	1,538.37	1,617.55	1,874.53	2,148.59
Change (%)	-1.83%	-0.93%	-0.38%	-	+5.15%	+21.85%	+39.67%
Change	-28.21	-14.28	-5.90	-	+79.18	+336.16	+610.22
Level	Minor	Minor	Major	-	Minor	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,508.27	1,514.70	1,526.54	1,532.97	1,544.81	1,551.24	1,563.08
Camarilla	1,533.35	1,535.02	1,536.70	1,538.37	1,540.05	1,541.72	1,543.39
Woodie	1,510.97	1,516.05	1,529.24	1,534.32	1,547.51	1,552.59	1,565.78
Fibonacci	1,514.70	1,521.68	1,525.99	1,532.97	1,539.95	1,544.26	1,551.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,443.34	1,465.89	1,486.58	1,509.13	1,529.82	1,552.37	1,573.06
Camarilla	1,495.38	1,499.34	1,503.31	1,507.27	1,511.23	1,515.20	1,519.16
Woodie	1,442.41	1,465.43	1,485.65	1,508.67	1,528.89	1,551.91	1,572.13
Fibonacci	1,465.89	1,482.41	1,492.61	1,509.13	1,525.65	1,535.85	1,552.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,369.19	1,406.57	1,456.92	1,494.30	1,544.65	1,582.03	1,632.38
Camarilla	1,483.14	1,491.19	1,499.23	1,507.27	1,515.31	1,523.35	1,531.40
Woodie	1,375.68	1,409.81	1,463.41	1,497.54	1,551.14	1,585.27	1,638.87
Fibonacci	1,406.57	1,440.08	1,460.79	1,494.30	1,527.81	1,548.52	1,582.03

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.63
MACD (12,26,9):	6.8000
Directional Movement:	19.53
AROON (14):	92.86
DEMA (21):	1,532.43
Parabolic SAR (0,02-0,02-0,2):	1,526.63
Elder Ray (13):	9.48
Super Trend (3,10):	1,521.10
Zig ZAG (10):	1,538.37
VORTEX (21):	1.3000
Stochastique (14,3,5):	90.19
TEMA (21):	1,536.89
Williams %R (14):	-3.27
Chande Momentum Oscillator (20):	24.08
Repulse (5,40,3):	0.3500
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	3.21

MA7:	1,518.27
MA20:	1,488.02
MA50:	1,464.02
MA100:	1,445.10
MAexp7:	1,533.14
MAexp20:	1,524.59
MAexp50:	1,515.80
MAexp100:	1,504.63
Price / MA7:	+1.32%
Price / MA20:	+3.38%
Price / MA50:	+5.08%
Price / MA100:	+6.45%
Price / MAexp7:	+0.34%
Price / MAexp20:	+0.90%
Price / MAexp50:	+1.49%
Price / MAexp100:	+2.24%

Quotes : - 15 min delayed data - Germany Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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