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DAX40 PERF INDEX
DAX40 PERF INDEX
- EUR (-)
- 15 min delayed data - Germany Indices
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Indices
Ticker: DAX
ISIN: DE0008469008

DAX40 PERF INDEX - 1H - Technical analysis published on 10/18/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 12,674.80 EUR
My targets
12,936.60 EUR (+1.23%)
13,387.90 EUR (+4.76%)
My analysis
The bullish trend is currently very strong on DAX40 PERF INDEX. As long as the price remains above the support at 12,674.80 EUR, you could try to benefit from the boom. The first bullish objective is located at 12,936.60 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 13,387.90 EUR as an objective. Crossing it would then enable buyers to target 13,789.00 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
0
10
8

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.

JacintoBarrio
This analysis was given by JacintoBarrio. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 12,779.90 EUR. On the day, this instrument gained +1.04% with the lowest point at 12,778.29 EUR and the highest point at 12,792.57 EUR. The deviation from the price is +0.01% for the low point and -0.10% for the high point.

12,778.29
12,792.57
12,779.90

Here is a more detailed summary of the historical variations registered by DAX40 PERF INDEX:

Technical


Technical analysis of DAX40 PERF INDEX in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,374.70 12,525.90 12,674.80 12,779.90 12,781.60 12,936.60 13,387.90
Change (%) -3.17% -1.99% -0.82% - +0.01% +1.23% +4.76%
Change -405.20 -254.00 -105.10 - +1.70 +156.70 +608.00
Level Major Intermediate Major - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,140.3612,269.2012,459.1212,587.9612,777.8812,906.7213,096.64
Camarilla12,561.3712,590.5912,619.8112,649.0312,678.2512,707.4712,736.69
Woodie12,170.8912,284.4712,489.6512,603.2312,808.4112,921.9913,127.17
Fibonacci12,269.2012,390.9712,466.2012,587.9612,709.7312,784.9612,906.72


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11,390.7011,695.5612,066.6912,371.5512,742.6813,047.5413,418.67
Camarilla12,251.9112,313.8812,375.8412,437.8112,499.7812,561.7412,623.71
Woodie11,423.8311,712.1312,099.8212,388.1212,775.8113,064.1113,451.80
Fibonacci11,695.5611,953.7912,113.3312,371.5512,629.7812,789.3213,047.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,761.2010,812.0211,463.1912,514.0113,165.1814,216.0014,867.17
Camarilla11,646.3111,802.3311,958.3412,114.3612,270.3812,426.3912,582.41
Woodie9,561.3810,712.1111,263.3712,414.1012,965.3614,116.0914,667.35
Fibonacci10,812.0211,462.1811,863.8512,514.0113,164.1713,565.8414,216.00

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): 63.74
MACD (12,26,9): 89.5000
Directional Movement: 17.41
AROON (14): 42.85
DEMA (21): 12,622.00
Parabolic SAR (0,02-0,02-0,2): 12,480.69
Elder Ray (13): 79.80
Super Trend (3,10): 12,413.18
Zig ZAG (10): 12,649.03
VORTEX (21): 1.2600
Stochastique (14,3,5): 81.15
TEMA (21): 12,674.11
Williams %R (14): -21.26
Chande Momentum Oscillator (20): 58.69
Repulse (5,40,3): 0.2800
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 2.78
MA7: 12,340.12
MA20: 12,357.17
MA50: 12,867.68
MA100: 13,110.45
MAexp7: 12,609.14
MAexp20: 12,510.16
MAexp50: 12,410.67
MAexp100: 12,388.94
Price / MA7: +3.56%
Price / MA20: +3.42%
Price / MA50: -0.68%
Price / MA100: -2.52%
Price / MAexp7: +1.35%
Price / MAexp20: +2.16%
Price / MAexp50: +2.98%
Price / MAexp100: +3.16%

Quotes : - 15 min delayed data - Germany Indices

News


Don't forget to follow the news on DAX40 PERF INDEX. At the time of publication of this analysis, the latest news was as follows:

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

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