DAX40 PERF INDEX - 15 min. - Technical analysis published on 09/20/2024 (GMT)
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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:
Bearish
Underlying:
Bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 18,712.37 EUR
My targets
18,951.17 EUR (+0.42%)
19,096.17 EUR (+1.18%)
My analysis
With a bullish background trend, the price of DAX40 PERF INDEX is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 18,712.37 EUR. A bullish break in the resistance located at 18,951.17 EUR would boost the bullish momentum and fuel the basic trend. Then the price could move towards 19,096.17 EUR. Then 19,189.97 EUR by extension. It would be safer to wait for a bullish break in the resistance located at 18,951.17 EUR before allowing yourself to re trade long positions (at purchase) on DAX40 PERF INDEX. PS: if there is a bearish break in the support located at 18,712.37 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
2.9
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Additional analysis
Quotes
DAX40 PERF INDEX rating 18,872.55 EUR. On the day, this instrument lost -0.68% and was traded between 18,872.55 EUR and 18,900.44 EUR over the period. The price is currently at 0% from its lowest and -0.15% from its highest.18,872.55
18,900.44
18,872.55
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of DAX40 PERF INDEX indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the slightly bearish 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, only 8 technical indicators out of 18 analysed are currently bullish. 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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 18,492.16 | 18,673.82 | 18,869.36 | 18,872.55 | 18,990.78 |
Change (%) | -2.02% | -1.05% | -0.02% | - | +0.63% |
Change | -380.39 | -198.73 | -3.19 | - | +118.23 |
Level | Major | Intermediate | Intermediate | - | Intermediate |
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 |
---|---|---|---|---|---|---|---|
Standard | 18,618.57 | 18,712.37 | 18,857.37 | 18,951.17 | 19,096.17 | 19,189.97 | 19,334.97 |
Camarilla | 18,936.71 | 18,958.60 | 18,980.49 | 19,002.38 | 19,024.27 | 19,046.16 | 19,068.05 |
Woodie | 18,644.18 | 18,725.17 | 18,882.98 | 18,963.97 | 19,121.78 | 19,202.77 | 19,360.58 |
Fibonacci | 18,712.37 | 18,803.59 | 18,859.95 | 18,951.17 | 19,042.39 | 19,098.75 | 19,189.97 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 17,851.41 | 18,030.13 | 18,364.76 | 18,543.48 | 18,878.11 | 19,056.83 | 19,391.46 |
Camarilla | 18,558.23 | 18,605.29 | 18,652.34 | 18,699.40 | 18,746.46 | 18,793.51 | 18,840.57 |
Woodie | 17,929.38 | 18,069.11 | 18,442.73 | 18,582.46 | 18,956.08 | 19,095.81 | 19,469.43 |
Fibonacci | 18,030.13 | 18,226.23 | 18,347.38 | 18,543.48 | 18,739.58 | 18,860.73 | 19,056.83 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 59.49 | |
MACD (12,26,9): | 21.9800 | |
Directional Movement: | 9.57 | |
AROON (14): | -7.14 | |
DEMA (21): | 19,019.71 | |
Parabolic SAR (0,02-0,02-0,2): | 19,032.21 | |
Elder Ray (13): | 9.45 | |
Super Trend (3,10): | 18,954.25 | |
Zig ZAG (10): | 19,002.38 | |
VORTEX (21): | 1.0600 | |
Stochastique (14,3,5): | 49.25 | |
TEMA (21): | 18,999.74 | |
Williams %R (14): | -43.23 | |
Chande Momentum Oscillator (20): | -8.23 | |
Repulse (5,40,3): | 0.1100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 0.26 |
MA7: | 18,660.16 | |
MA20: | 18,650.63 | |
MA50: | 18,365.00 | |
MA100: | 18,408.26 | |
MAexp7: | 18,992.41 | |
MAexp20: | 18,982.91 | |
MAexp50: | 18,916.43 | |
MAexp100: | 18,833.66 | |
Price / MA7: | +1.14% | |
Price / MA20: | +1.19% | |
Price / MA50: | +2.76% | |
Price / MA100: | +2.52% | |
Price / MAexp7: | -0.63% | |
Price / MAexp20: | -0.58% | |
Price / MAexp50: | -0.23% | |
Price / MAexp100: | +0.21% |
Quotes :
-
15 min delayed data
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Germany Indices
News
The last news published on DAX40 PERF INDEX at the time of the generation of this analysis was as follows:
- DAX Forecast September 12, 2024
- DAX Forecast August 20, 2024
- DAX Forecast August 15, 2024
- DAX Forecast August 13, 2024
- DAX Forecast August 8, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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