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 10/30/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 19,296.30 EUR

My targets

19,171.67 EUR (-0.49%)

19,076.60 EUR (-0.99%)

My analysis

DAX40 PERF INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 19,296.30 EUR. The next support located at 19,171.67 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 19,076.60 EUR. Below this support, sellers could then target 18,951.97 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.3

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

Additional analysis

Quotes

DAX40 PERF INDEX rating 19,266.73 EUR. On the day, this instrument lost -1.09% with the lowest point at 19,201.24 EUR and the highest point at 19,420.94 EUR. The deviation from the price is +0.34% for the low point and -0.79% for the high point.

19,201.24

19,420.94

19,266.73

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

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:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DAX40 PERF INDEX in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18,869.36	19,009.89	19,172.44	19,266.73	19,399.95	19,554.92	19,657.37
Change (%)	-2.06%	-1.33%	-0.49%	-	+0.69%	+1.50%	+2.03%
Change	-397.37	-256.84	-94.29	-	+133.22	+288.19	+390.64
Level	Major	Minor	Minor	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18,951.97	19,076.60	19,171.67	19,296.30	19,391.37	19,516.00	19,611.07
Camarilla	19,206.31	19,226.45	19,246.59	19,266.73	19,286.87	19,307.01	19,327.15
Woodie	18,937.18	19,069.21	19,156.88	19,288.91	19,376.58	19,508.61	19,596.28
Fibonacci	19,076.60	19,160.53	19,212.38	19,296.30	19,380.23	19,432.08	19,516.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18,999.22	19,164.66	19,314.13	19,479.57	19,629.04	19,794.48	19,943.95
Camarilla	19,376.99	19,405.86	19,434.72	19,463.59	19,492.46	19,521.32	19,550.19
Woodie	18,991.23	19,160.67	19,306.14	19,475.58	19,621.05	19,790.49	19,935.96
Fibonacci	19,164.66	19,284.96	19,359.28	19,479.57	19,599.87	19,674.19	19,794.48

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,242.11	17,725.48	18,525.20	19,008.57	19,808.29	20,291.66	21,091.38
Camarilla	18,972.08	19,089.70	19,207.31	19,324.93	19,442.55	19,560.16	19,677.78
Woodie	17,400.30	17,804.57	18,683.39	19,087.66	19,966.48	20,370.75	21,249.57
Fibonacci	17,725.48	18,215.62	18,518.43	19,008.57	19,498.71	19,801.52	20,291.66

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):	40.05
MACD (12,26,9):	-21.0800
Directional Movement:	-12.52
AROON (14):	35.72
DEMA (21):	19,261.42
Parabolic SAR (0,02-0,02-0,2):	19,333.42
Elder Ray (13):	-16.64
Super Trend (3,10):	19,239.39
Zig ZAG (10):	19,272.77
VORTEX (21):	0.9300
Stochastique (14,3,5):	56.34
TEMA (21):	19,279.38
Williams %R (14):	-47.13
Chande Momentum Oscillator (20):	38.45
Repulse (5,40,3):	-0.1400
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	0.43

MA7:	19,425.59
MA20:	19,362.95
MA50:	19,013.34
MA100:	18,608.76
MAexp7:	19,278.42
MAexp20:	19,296.29
MAexp50:	19,355.07
MAexp100:	19,407.48
Price / MA7:	-0.82%
Price / MA20:	-0.50%
Price / MA50:	+1.33%
Price / MA100:	+3.54%
Price / MAexp7:	-0.06%
Price / MAexp20:	-0.15%
Price / MAexp50:	-0.46%
Price / MAexp100:	-0.73%

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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