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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 02/14/2024 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 16,971.12 EUR
My targets
16,811.04 EUR (-0.51%)
16,741.24 EUR (-0.93%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DAX40 PERF INDEX. As long as you are under the resistance located at 16,971.12 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 16,811.04 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 16,741.24 EUR as an objective. Crossing it would then enable sellers to target 16,650.96 EUR. If the resistance 16,971.12 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.1

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.

Matei21
This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX price is 16,897.58 EUR. On the day, this instrument gained +0.10% and was between 16,857.34 EUR and 16,899.66 EUR. This implies that the price is at +0.24% from its lowest and at -0.01% from its highest.

16,857.34
16,899.66
16,897.58

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

Central Records

Near a 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 this 15 min. chart of DAX40 PERF INDEX indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 16,513.46 16,627.57 16,781.89 16,897.58 16,922.84 17,033.24
Change (%) -2.27% -1.60% -0.68% - +0.15% +0.80%
Change -384.12 -270.01 -115.69 - +25.26 +135.66
Level Minor Minor Major - Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,650.9616,741.2416,811.0416,901.3216,971.1217,061.4017,131.20
Camarilla16,836.8116,851.4816,866.1616,880.8316,895.5016,910.1816,924.85
Woodie16,640.7116,736.1216,800.7916,896.2016,960.8717,056.2817,120.95
Fibonacci16,741.2416,802.3916,840.1716,901.3216,962.4717,000.2517,061.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,649.9716,754.4916,840.4916,945.0117,031.0117,135.5317,221.53
Camarilla16,874.1116,891.5716,909.0416,926.5016,943.9616,961.4316,978.89
Woodie16,640.7216,749.8616,831.2416,940.3817,021.7617,130.9017,212.28
Fibonacci16,754.4916,827.2716,872.2316,945.0117,017.7917,062.7517,135.53


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): 46.37
MACD (12,26,9): -13.1900
Directional Movement: -5.70
AROON (14): 50.00
DEMA (21): 16,866.04
Parabolic SAR (0,02-0,02-0,2): 16,840.20
Elder Ray (13): 2.08
Super Trend (3,10): 16,916.66
Zig ZAG (10): 16,884.65
VORTEX (21): 0.9000
Stochastique (14,3,5): 77.75
TEMA (21): 16,870.50
Williams %R (14): -18.61
Chande Momentum Oscillator (20): 37.01
Repulse (5,40,3): 0.1100
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 0.02
MA7: 16,950.73
MA20: 16,867.30
MA50: 16,747.86
MA100: 16,055.80
MAexp7: 16,881.32
MAexp20: 16,886.45
MAexp50: 16,915.11
MAexp100: 16,935.58
Price / MA7: -0.31%
Price / MA20: +0.18%
Price / MA50: +0.89%
Price / MA100: +5.24%
Price / MAexp7: +0.10%
Price / MAexp20: +0.07%
Price / MAexp50: -0.10%
Price / MAexp100: -0.22%

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.

About author

Londinia
Londinia AI

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