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 12/30/2024 (GMT)

  • 70
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 19,862.33 EUR
My targets
20,045.32 EUR (+0.58%)
20,106.31 EUR (+0.89%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 19,862.33 EUR remains possible. It is advisable to trade DAX40 PERF INDEX with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 19,862.33 EUR. The next bullish objective for buyers is set at 20,045.32 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20,106.31 EUR. If there is any crossing, the next objective would be the resistance located at 20,228.31 EUR. PS: if there is a bearish break in the support located at 19,862.33 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.2

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 Noreir. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The DAX40 PERF INDEX price is 19,929.09 EUR. The price is lower by -0.28% since the last closing with the lowest point at 19,882.67 EUR and the highest point at 19,941.11 EUR. The deviation from the price is +0.23% for the low point and -0.06% for the high point.

19,882.67
19,941.11
19,929.09

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DAX40 PERF INDEX in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes


Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19,437.53 19,657.37 19,800.33 19,929.09 20,038.01 20,280.68 20,426.27
Change (%) -2.47% -1.36% -0.65% - +0.55% +1.76% +2.49%
Change -491.56 -271.72 -128.76 - +108.92 +351.59 +497.18
Level Minor Major Intermediate - Minor Intermediate 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
Standard19,679.3419,740.3319,862.3319,923.3220,045.3220,106.3120,228.31
Camarilla19,934.0019,950.7719,967.5519,984.3220,001.0920,017.8720,034.64
Woodie19,709.8419,755.5819,892.8319,938.5720,075.8220,121.5620,258.81
Fibonacci19,740.3319,810.2419,853.4219,923.3219,993.2320,036.4120,106.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19,679.3419,740.3319,862.3319,923.3220,045.3220,106.3120,228.31
Camarilla19,934.0019,950.7719,967.5519,984.3220,001.0920,017.8720,034.64
Woodie19,709.8419,755.5819,892.8319,938.5720,075.8220,121.5620,258.81
Fibonacci19,740.3319,810.2419,853.4219,923.3219,993.2320,036.4120,106.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18,251.6518,532.0919,079.2719,359.7119,906.8920,187.3320,734.51
Camarilla19,398.8619,474.7219,550.5919,626.4519,702.3219,778.1819,854.05
Woodie18,385.0218,598.7819,212.6419,426.4020,040.2620,254.0220,867.88
Fibonacci18,532.0918,848.2419,043.5619,359.7119,675.8619,871.1820,187.33

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): 60.57
MACD (12,26,9): 14.1400
Directional Movement: 9.47
AROON (14): 28.57
DEMA (21): 19,958.18
Parabolic SAR (0,02-0,02-0,2): 19,889.98
Elder Ray (13): 25.11
Super Trend (3,10): 19,903.39
Zig ZAG (10): 19,984.32
VORTEX (21): 1.1100
Stochastique (14,3,5): 61.07
TEMA (21): 19,944.72
Williams %R (14): -85.29
Chande Momentum Oscillator (20): -19.15
Repulse (5,40,3): 0.2100
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.00
MA7: 20,014.57
MA20: 20,114.95
MA50: 19,619.48
MA100: 19,175.11
MAexp7: 19,930.43
MAexp20: 19,939.04
MAexp50: 19,914.18
MAexp100: 19,920.44
Price / MA7: -0.43%
Price / MA20: -0.92%
Price / MA50: +1.58%
Price / MA100: +3.93%
Price / MAexp7: -0.01%
Price / MAexp20: -0.05%
Price / MAexp50: +0.07%
Price / MAexp100: +0.04%

Quotes : - 15 min delayed data - Germany Indices

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

About author

Online

Overall rating :
15401
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis DAX40 PERF INDEX - 15 min.