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 - Daily - Technical analysis published on 09/11/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

11%

44%

My opinion

Neutral between 17,737.11 EUR and 18,869.36 EUR

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on DAX40 PERF INDEX. It is difficult to advise a trading direction under these conditions. The first resistance is located at 18,869.36 EUR. The first support is located at 17,737.11 EUR. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.

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 DABIE. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 PERF INDEX rating is 18,336.51 EUR. On the day, this instrument gained +0.39% and was traded between 18,317.80 EUR and 18,367.22 EUR over the period. The price is currently at +0.10% from its lowest and -0.17% from its highest.

18,317.80

18,367.22

18,336.51

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DAX40 PERF INDEX in Daily shows an overall slightly bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

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

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bullish harami

Type : Bullish

Timeframe : Daily

Bullish harami cross

Type : Bullish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	16,781.89	17,339.00	17,737.11	18,336.51	18,490.66	18,869.36
Change (%)	-8.48%	-5.44%	-3.27%	-	+0.84%	+2.91%
Change	-1,554.62	-997.51	-599.40	-	+154.15	+532.85
Level	Minor	Intermediate	Major	-	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,912.81	18,073.33	18,169.63	18,330.15	18,426.45	18,586.97	18,683.27
Camarilla	18,195.30	18,218.84	18,242.38	18,265.92	18,289.46	18,313.00	18,336.55
Woodie	17,880.69	18,057.28	18,137.51	18,314.10	18,394.33	18,570.92	18,651.15
Fibonacci	18,073.33	18,171.44	18,232.05	18,330.15	18,428.26	18,488.87	18,586.97

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,338.53	17,806.75	18,054.33	18,522.55	18,770.13	19,238.35	19,485.93
Camarilla	18,105.06	18,170.67	18,236.29	18,301.90	18,367.52	18,433.13	18,498.75
Woodie	17,228.20	17,751.59	17,944.00	18,467.39	18,659.80	19,183.19	19,375.60
Fibonacci	17,806.75	18,080.19	18,249.12	18,522.55	18,795.99	18,964.92	19,238.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15,685.03	16,354.93	17,630.92	18,300.82	19,576.81	20,246.71	21,522.70
Camarilla	18,371.80	18,550.17	18,728.55	18,906.92	19,085.29	19,263.67	19,442.04
Woodie	15,988.09	16,506.45	17,933.98	18,452.34	19,879.87	20,398.23	21,825.76
Fibonacci	16,354.93	17,098.26	17,557.49	18,300.82	19,044.15	19,503.38	20,246.71

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):	47.24
MACD (12,26,9):	52.7000
Directional Movement:	-6.55
AROON (14):	-35.72
DEMA (21):	18,550.41
Parabolic SAR (0,02-0,02-0,2):	18,884.66
Elder Ray (13):	-143.93
Super Trend (3,10):	18,905.35
Zig ZAG (10):	18,346.96
VORTEX (21):	1.1200
Stochastique (14,3,5):	14.34
TEMA (21):	18,558.73
Williams %R (14):	-84.83
Chande Momentum Oscillator (20):	-268.14
Repulse (5,40,3):	-1.1900
ROCnROLL:	-1
TRIX (15,9):	0.0900
Courbe Coppock:	0.94

MA7:	18,469.08
MA20:	18,548.04
MA50:	18,330.95
MA100:	18,366.62
MAexp7:	18,450.28
MAexp20:	18,460.46
MAexp50:	18,367.10
MAexp100:	18,205.52
Price / MA7:	-0.72%
Price / MA20:	-1.14%
Price / MA50:	+0.03%
Price / MA100:	-0.16%
Price / MAexp7:	-0.62%
Price / MAexp20:	-0.67%
Price / MAexp50:	-0.17%
Price / MAexp100:	+0.72%

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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