DAX40 FULL0625

- EUR (-)

- 15 min delayed data - EUREX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	DAXXXXX
ISIN:	FDAXXXXX

DAX40 FULL0625 - 1H - Technical analysis published on 05/04/2021 (GMT)

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05/04/2021 - 12:32
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Londinia

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Timeframe : 1H
- Analysis generated on 05/04/2021 - 12:31
Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 15,116.00 EUR

My targets

14,774.00 EUR (-1.59%)

14,450.67 EUR (-3.74%)

My analysis

The bearish trend is currently very strong for DAX30 FULL0621. As long as the price remains below the resistance at 15,116.00 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 14,774.00 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14,450.67 EUR as an objective. Crossing it would then enable sellers to target 13,778.50 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

0

10

7.7

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

Additional analysis

Quotes

DAX30 FULL0621 rating 15,012.00 EUR. The price registered a decrease of -1.47% on the session and was traded between 15,012.00 EUR and 15,272.00 EUR over the period. The price is currently at 0% from its lowest and -1.70% from its highest.

15,012.00

15,272.00

15,012.00

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

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

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

A technical analysis in 1H of this DAX30 FULL0621 chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Long black line

Type : Bearish

Timeframe : 1 hour

ProTrendLines

S3

S2

S1

R1

R2

R3

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12,529.00	13,354.40	13,778.50	15,012.00	15,116.00	15,174.00	15,200.00
Change (%)	-16.54%	-11.04%	-8.22%	-	+0.69%	+1.08%	+1.25%
Change	-2,483.00	-1,657.60	-1,233.50	-	+104.00	+162.00	+188.00
Level	Minor	Major	Intermediate	-	Minor	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,977.33	15,046.67	15,141.33	15,210.67	15,305.33	15,374.67	15,469.33
Camarilla	15,190.90	15,205.93	15,220.97	15,236.00	15,251.03	15,266.07	15,281.10
Woodie	14,990.00	15,053.00	15,154.00	15,217.00	15,318.00	15,381.00	15,482.00
Fibonacci	15,046.67	15,109.32	15,148.02	15,210.67	15,273.32	15,312.02	15,374.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,774.00	14,934.00	15,049.00	15,209.00	15,324.00	15,484.00	15,599.00
Camarilla	15,088.38	15,113.58	15,138.79	15,164.00	15,189.21	15,214.42	15,239.63
Woodie	14,751.50	14,922.75	15,026.50	15,197.75	15,301.50	15,472.75	15,576.50
Fibonacci	14,934.00	15,039.05	15,103.95	15,209.00	15,314.05	15,378.95	15,484.00

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,450.67	14,739.33	14,951.67	15,240.33	15,452.67	15,741.33	15,953.67
Camarilla	15,026.23	15,072.15	15,118.08	15,164.00	15,209.93	15,255.85	15,301.78
Woodie	14,412.50	14,720.25	14,913.50	15,221.25	15,414.50	15,722.25	15,915.50
Fibonacci	14,739.33	14,930.72	15,048.95	15,240.33	15,431.72	15,549.95	15,741.33

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):	31.31
MACD (12,26,9):	-27.0500
Directional Movement:	-21.65
AROON (14):	-35.71
DEMA (21):	15,158.86
Parabolic SAR (0,02-0,02-0,2):	15,238.71
Elder Ray (13):	-115.54
Super Trend (3,10):	15,217.69
Zig ZAG (10):	15,031.00
VORTEX (21):	0.7600
Stochastique (14,3,5):	24.87
TEMA (21):	15,171.45
Williams %R (14):	-81.98
Chande Momentum Oscillator (20):	-166.00
Repulse (5,40,3):	-0.8200
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.88

MA7:	15,221.86
MA20:	15,257.40
MA50:	14,783.02
MA100:	14,277.59
MAexp7:	15,143.16
MAexp20:	15,184.05
MAexp50:	15,204.94
MAexp100:	15,224.80
Price / MA7:	-1.38%
Price / MA20:	-1.61%
Price / MA50:	+1.55%
Price / MA100:	+5.14%
Price / MAexp7:	-0.87%
Price / MAexp20:	-1.13%
Price / MAexp50:	-1.27%
Price / MAexp100:	-1.40%

Quotes : 05/04/2021 - 12:15 - 15 min delayed data - EUREX Futures

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

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