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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 - 15 min. - Technical analysis published on 10/18/2022 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 12,777.88 EUR
My targets
13,096.64 EUR (+1.47%)
13,387.90 EUR (+3.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DAX40 PERF INDEX as long as the price remains well above 12,777.88 EUR. The buyers' bullish objective is set at 13,096.64 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13,387.90 EUR. If there is any crossing, the next objective would be the resistance located at 13,789.00 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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:
1H Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 12,907.27 EUR. The price registered an increase of +2.04% on the session and was between 12,746.36 EUR and 12,924.71 EUR. This implies that the price is at +1.26% from its lowest and at -0.13% from its highest.

12,746.36
12,924.71
12,907.27

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of DAX40 PERF INDEX in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Three white soldiers

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,525.90 12,674.80 12,781.60 12,907.27 12,936.60 13,387.90 13,789.00
Change (%) -2.95% -1.80% -0.97% - +0.23% +3.72% +6.83%
Change -381.37 -232.47 -125.67 - +29.33 +480.63 +881.73
Level Intermediate Major Minor - Minor Intermediate 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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 75.74
MACD (12,26,9): 50.8700
Directional Movement: 29.42
AROON (14): 92.86
DEMA (21): 12,890.32
Parabolic SAR (0,02-0,02-0,2): 12,785.54
Elder Ray (13): 63.45
Super Trend (3,10): 12,831.75
Zig ZAG (10): 12,919.05
VORTEX (21): 1.2100
Stochastique (14,3,5): 96.43
TEMA (21): 12,895.00
Williams %R (14): -4.43
Chande Momentum Oscillator (20): 130.22
Repulse (5,40,3): 0.4200
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 1.15
MA7: 12,430.93
MA20: 12,369.40
MA50: 12,855.31
MA100: 13,095.73
MAexp7: 12,875.77
MAexp20: 12,821.20
MAexp50: 12,723.23
MAexp100: 12,607.55
Price / MA7: +3.83%
Price / MA20: +4.35%
Price / MA50: +0.40%
Price / MA100: -1.44%
Price / MAexp7: +0.24%
Price / MAexp20: +0.67%
Price / MAexp50: +1.45%
Price / MAexp100: +2.38%

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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