TECDAX30 INDEX

- EUR (-)

- 15 min delayed data - Germany Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	TDXP
ISIN:	DE0007203275

TECDAX30 INDEX - Daily - Technical analysis published on 12/09/2022 (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 2,990.77 EUR and 3,198.52 EUR

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 3,198.52 EUR. The first support is located at 2,990.77 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish 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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TECDAX30 INDEX rating 3,042.91 EUR. The price registered a decrease of -0.02% on the session and was traded between 3,023.94 EUR and 3,065.01 EUR over the period. The price is currently at +0.63% from its lowest and -0.72% from its highest.

3,023.94

3,065.01

3,042.91

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TECDAX30 INDEX:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TECDAX30 INDEX chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,813.38	2,898.53	2,990.77	3,042.91	3,198.52	3,289.45	3,360.02
Change (%)	-7.54%	-4.74%	-1.71%	-	+5.11%	+8.10%	+10.42%
Change	-229.53	-144.38	-52.14	-	+155.61	+246.54	+317.11
Level	Major	Major	Intermediate	-	Major	Major	Minor

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
Standard	2,976.99	2,993.77	3,018.63	3,035.41	3,060.27	3,077.05	3,101.91
Camarilla	3,032.04	3,035.86	3,039.67	3,043.49	3,047.31	3,051.12	3,054.94
Woodie	2,981.03	2,995.79	3,022.67	3,037.43	3,064.31	3,079.07	3,105.95
Fibonacci	2,993.77	3,009.68	3,019.50	3,035.41	3,051.32	3,061.14	3,077.05

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,917.11	2,970.95	3,054.29	3,108.13	3,191.47	3,245.31	3,328.65
Camarilla	3,099.91	3,112.48	3,125.06	3,137.63	3,150.21	3,162.78	3,175.36
Woodie	2,931.86	2,978.33	3,069.04	3,115.51	3,206.22	3,252.69	3,343.40
Fibonacci	2,970.95	3,023.35	3,055.73	3,108.13	3,160.53	3,192.91	3,245.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,471.80	2,627.35	2,848.65	3,004.20	3,225.50	3,381.05	3,602.35
Camarilla	2,966.33	3,000.87	3,035.42	3,069.96	3,104.51	3,139.05	3,173.59
Woodie	2,504.69	2,643.79	2,881.54	3,020.64	3,258.39	3,397.49	3,635.24
Fibonacci	2,627.35	2,771.30	2,860.24	3,004.20	3,148.15	3,237.09	3,381.05

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.78
MACD (12,26,9):	32.2700
Directional Movement:	1.47
AROON (14):	-28.57
DEMA (21):	3,104.15
Parabolic SAR (0,02-0,02-0,2):	3,145.38
Elder Ray (13):	-20.43
Super Trend (3,10):	2,964.03
Zig ZAG (10):	3,042.45
VORTEX (21):	1.0900
Stochastique (14,3,5):	15.61
TEMA (21):	3,089.42
Williams %R (14):	-78.87
Chande Momentum Oscillator (20):	-57.67
Repulse (5,40,3):	-0.5900
ROCnROLL:	-1
TRIX (15,9):	0.2700
Courbe Coppock:	1.83

MA7:	3,077.95
MA20:	3,087.66
MA50:	2,923.05
MA100:	2,947.71
MAexp7:	3,060.74
MAexp20:	3,050.68
MAexp50:	2,982.88
MAexp100:	2,974.53
Price / MA7:	-1.14%
Price / MA20:	-1.45%
Price / MA50:	+4.10%
Price / MA100:	+3.23%
Price / MAexp7:	-0.58%
Price / MAexp20:	-0.25%
Price / MAexp50:	+2.01%
Price / MAexp100:	+2.30%

Quotes : - 15 min delayed data - Germany Indices

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

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