DAX40 FULL0925
DAX40 FULL0925
- EUR (-)
- 15 min delayed data - EUREX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: DAXXXXX
ISIN: FDAXXXXX

DAX40 FULL0925 - Daily - Technical analysis published on 07/20/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
11%
67%
22%
My opinion
Bearish under 15,414.30 EUR
My targets
14,916.00 EUR (-1.93%)
13,778.50 EUR (-9.41%)
My analysis
The strong short-term decline in DAX30 FULL0921 calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 15,414.30 EUR, one could consider taking advantage of the short-term movement. The first bearish objective is located at 14,916.00 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13,778.50 EUR as an objective. Crossing it would then enable sellers to target 13,395.50 EUR. Be careful, a return to above 15,414.30 EUR could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

DAX30 FULL0921 rating 15,209.00 EUR. The price has increased by +0.76% since the last closing with the lowest point at 15,098.00 EUR and the highest point at 15,287.00 EUR. The deviation from the price is +0.74% for the low point and -0.51% for the high point.

15,098.00
15,287.00
15,209.00

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this DAX30 FULL0921 chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 13,395.50 13,778.50 14,916.00 15,209.00 15,414.30 15,738.00
Change (%) -11.92% -9.41% -1.93% - +1.35% +3.48%
Change -1,813.50 -1,430.50 -293.00 - +205.30 +529.00
Level Intermediate Major Minor - Major Intermediate



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
Standard14,480.0014,756.0014,925.0015,201.0015,370.0015,646.0015,815.00
Camarilla14,971.6315,012.4215,053.2115,094.0015,134.7915,175.5815,216.38
Woodie14,426.5014,729.2514,871.5015,174.2515,316.5015,619.2515,761.50
Fibonacci14,756.0014,925.9915,031.0115,201.0015,370.9915,476.0115,646.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15,013.6715,237.3315,354.6715,578.3315,695.6715,919.3316,036.67
Camarilla15,378.2315,409.4815,440.7415,472.0015,503.2615,534.5215,565.78
Woodie14,960.5015,210.7515,301.5015,551.7515,642.5015,892.7515,983.50
Fibonacci15,237.3315,367.6015,448.0715,578.3315,708.6015,789.0715,919.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14,741.6714,999.3315,280.6715,538.3315,819.6716,077.3316,358.67
Camarilla15,413.7815,463.1815,512.5915,562.0015,611.4115,660.8215,710.23
Woodie14,753.5015,005.2515,292.5015,544.2515,831.5016,083.2516,370.50
Fibonacci14,999.3315,205.2315,332.4415,538.3315,744.2315,871.4416,077.33

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): 40.65
MACD (12,26,9): -42.6200
Directional Movement: -25.98
AROON (14): -28.57
DEMA (21): 15,502.19
Parabolic SAR (0,02-0,02-0,2): 15,786.60
Elder Ray (13): -308.63
Super Trend (3,10): 15,845.02
Zig ZAG (10): 15,210.00
VORTEX (21): 0.9600
Stochastique (14,3,5): 22.15
TEMA (21): 15,421.66
Williams %R (14): -70.52
Chande Momentum Oscillator (20): -390.00
Repulse (5,40,3): -1.6700
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 1.45
MA7: 15,535.71
MA20: 15,566.20
MA50: 15,534.20
MA100: 15,220.45
MAexp7: 15,429.58
MAexp20: 15,534.03
MAexp50: 15,465.68
MAexp100: 15,147.01
Price / MA7: -2.10%
Price / MA20: -2.29%
Price / MA50: -2.09%
Price / MA100: -0.08%
Price / MAexp7: -1.43%
Price / MAexp20: -2.09%
Price / MAexp50: -1.66%
Price / MAexp100: +0.41%

Quotes : - 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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