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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 02/07/2024 (GMT)

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 16,984.69 EUR
My targets
17,098.07 EUR (+0.47%)
17,162.89 EUR (+0.85%)
My analysis
DAX40 PERF INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 16,984.69 EUR. The next resistance located at 17,098.07 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17,162.89 EUR. After this resistance, buyers could then target 17,276.27 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.3

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.

berlin77
This analysis was given by berlin77. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 17,018.51 EUR. The price is lower by -0.09% since the last closing and was traded between 16,988.57 EUR and 17,021.55 EUR over the period. The price is currently at +0.18% from its lowest and -0.02% from its highest.

16,988.57
17,021.55
17,018.51

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

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 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.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



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
Price


S3S2S1Price
ProTrendLines 16,627.56 16,781.89 16,968.39 17,018.51
Change (%) -2.30% -1.39% -0.29% -
Change -390.95 -236.62 -50.12 -
Level Minor Major Major -



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
Standard16,741.6716,806.4916,919.8716,984.6917,098.0717,162.8917,276.27
Camarilla16,984.2417,000.5717,016.9117,033.2417,049.5817,065.9117,082.25
Woodie16,765.9416,818.6316,944.1416,996.8317,122.3417,175.0317,300.54
Fibonacci16,806.4916,874.5716,916.6216,984.6917,052.7717,094.8217,162.89


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,642.0716,731.8416,825.0216,914.7917,007.9717,097.7417,190.92
Camarilla16,867.9016,884.6716,901.4416,918.2116,934.9816,951.7516,968.52
Woodie16,643.7916,732.6916,826.7416,915.6417,009.6917,098.5917,192.64
Fibonacci16,731.8416,801.7216,844.9016,914.7916,984.6717,027.8517,097.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,844.7716,094.8916,499.3316,749.4517,153.8917,404.0117,808.45
Camarilla16,723.7616,783.7616,843.7616,903.7616,963.7617,023.7617,083.76
Woodie15,921.9216,133.4716,576.4816,788.0317,231.0417,442.5917,885.60
Fibonacci16,094.8916,344.9416,499.4116,749.4516,999.5017,153.9717,404.01

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): 59.94
MACD (12,26,9): 29.2900
Directional Movement: 10.90
AROON (14): 78.57
DEMA (21): 17,017.68
Parabolic SAR (0,02-0,02-0,2): 17,048.52
Elder Ray (13): 3.23
Super Trend (3,10): 16,970.94
Zig ZAG (10): 16,997.47
VORTEX (21): 1.2900
Stochastique (14,3,5): 63.89
TEMA (21): 17,032.48
Williams %R (14): -51.80
Chande Momentum Oscillator (20): 45.89
Repulse (5,40,3): -0.1300
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.97
MA7: 16,943.01
MA20: 16,780.37
MA50: 16,670.31
MA100: 15,992.67
MAexp7: 17,008.17
MAexp20: 16,982.10
MAexp50: 16,949.53
MAexp100: 16,936.57
Price / MA7: +0.45%
Price / MA20: +1.42%
Price / MA50: +2.09%
Price / MA100: +6.41%
Price / MAexp7: +0.06%
Price / MAexp20: +0.21%
Price / MAexp50: +0.41%
Price / MAexp100: +0.48%

Quotes : - 15 min delayed data - Germany Indices

News


The latest news and videos published on DAX40 PERF INDEX at the time of the analysis were as follows:

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

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