DAX40 PERF INDEX - Daily - Technical analysis published on 01/13/2025 (GMT)
- 66
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above
My targets
()
My analysis
The basic bullish trend is very strong on DAX40 PERF INDEX but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above . Crossing the first resistance at would be a sign of a potential new surge in the price. Caution, a return to below would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
6.6
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This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DAX40 PERF INDEX rating 20,214.79 EUR. On the day, this instrument lost -0.50% with the lowest point at 20,187.97 EUR and the highest point at 20,400.52 EUR. The deviation from the price is +0.13% for the low point and -0.91% for the high point.20,187.97
20,400.52
20,214.79
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of DAX40 PERF INDEX indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 18,002.02 | 19,004.31 | 19,657.37 | 20,214.79 | 20,426.27 |
Change (%) | -10.95% | -5.99% | -2.76% | - | +1.05% |
Change | -2,212.77 | -1,210.48 | -557.42 | - | +211.48 |
Level | Minor | Intermediate | Major | - | 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 |
---|---|---|---|---|---|---|---|
Standard | 19,922.45 | 20,055.21 | 20,135.00 | 20,267.76 | 20,347.55 | 20,480.31 | 20,560.10 |
Camarilla | 20,156.34 | 20,175.82 | 20,195.31 | 20,214.79 | 20,234.27 | 20,253.76 | 20,273.24 |
Woodie | 19,895.97 | 20,041.97 | 20,108.52 | 20,254.52 | 20,321.07 | 20,467.07 | 20,533.62 |
Fibonacci | 20,055.21 | 20,136.40 | 20,186.57 | 20,267.76 | 20,348.95 | 20,399.12 | 20,480.31 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19,371.07 | 19,646.10 | 19,930.44 | 20,205.47 | 20,489.81 | 20,764.84 | 21,049.18 |
Camarilla | 20,060.96 | 20,112.24 | 20,163.51 | 20,214.79 | 20,266.07 | 20,317.34 | 20,368.62 |
Woodie | 19,375.74 | 19,648.43 | 19,935.11 | 20,207.80 | 20,494.48 | 20,767.17 | 21,053.85 |
Fibonacci | 19,646.10 | 19,859.78 | 19,991.79 | 20,205.47 | 20,419.15 | 20,551.16 | 20,764.84 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 18,523.17 | 19,045.83 | 19,477.49 | 20,000.15 | 20,431.81 | 20,954.47 | 21,386.13 |
Camarilla | 19,646.70 | 19,734.18 | 19,821.66 | 19,909.14 | 19,996.62 | 20,084.10 | 20,171.58 |
Woodie | 18,477.66 | 19,023.08 | 19,431.98 | 19,977.40 | 20,386.30 | 20,931.72 | 21,340.62 |
Fibonacci | 19,045.83 | 19,410.38 | 19,635.60 | 20,000.15 | 20,364.70 | 20,589.92 | 20,954.47 |
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): | 56.86 | |
MACD (12,26,9): | 126.7300 | |
Directional Movement: | 8.04 | |
AROON (14): | 57.14 | |
DEMA (21): | 20,281.60 | |
Parabolic SAR (0,02-0,02-0,2): | 19,728.65 | |
Elder Ray (13): | 135.42 | |
Super Trend (3,10): | 19,779.43 | |
Zig ZAG (10): | 20,214.79 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 75.42 | |
TEMA (21): | 20,250.46 | |
Williams %R (14): | -31.99 | |
Chande Momentum Oscillator (20): | -27.78 | |
Repulse (5,40,3): | -0.1700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1000 | |
Courbe Coppock: | 1.16 |
MA7: | 20,192.76 | |
MA20: | 20,182.77 | |
MA50: | 19,718.01 | |
MA100: | 19,335.13 | |
MAexp7: | 20,208.82 | |
MAexp20: | 20,098.71 | |
MAexp50: | 19,804.53 | |
MAexp100: | 19,406.97 | |
Price / MA7: | +0.11% | |
Price / MA20: | +0.16% | |
Price / MA50: | +2.52% | |
Price / MA100: | +4.55% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.58% | |
Price / MAexp50: | +2.07% | |
Price / MAexp100: | +4.16% |
Quotes :
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15 min delayed data
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Germany Indices
News
Don't forget to follow the news on DAX40 PERF INDEX. At the time of publication of this analysis, the latest news was as follows:
- DAX Forecast - Will the DAX Find a Floor? (December 20, 2024)
- DAX - Will It Finally Break Higher? (December 17, 2024 Analysis)
- DAX Forecast - German Stocks to Continue Higher? (December 16, 2024)
- DAX Forecast December 11, 2024
- DAX Forecast December 5, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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