DAX40 FULL0325 - 1H - Technical analysis published on 09/24/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 15,612.40 EUR
My targets
15,375.00 EUR (-0.75%)
15,231.00 EUR (-1.68%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on DAX40 FULL1221 as long as the price remains well below 15,612.40 EUR. The next bearish objective for sellers is set at 15,375.00 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15,231.00 EUR. In case of crossing, the next objective would be the support located at 15,118.00 EUR.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DAX40 FULL1221 rating 15,491.00 EUR. The price registered a decrease of -0.86% on the session with the lowest point at 15,473.00 EUR and the highest point at 15,749.00 EUR. The deviation from the price is +0.12% for the low point and -1.64% for the high point.15,473.00
15,749.00
15,491.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DAX40 FULL1221:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DAX40 FULL1221 chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15,118.00 | 15,231.00 | 15,375.00 | 15,491.00 | 15,509.40 | 15,612.40 | 15,678.30 |
| Change (%) | -2.41% | -1.68% | -0.75% | - | +0.12% | +0.78% | +1.21% |
| Change | -373.00 | -260.00 | -116.00 | - | +18.40 | +121.40 | +187.30 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,383.00 | 15,452.00 | 15,539.00 | 15,608.00 | 15,695.00 | 15,764.00 | 15,851.00 |
| Camarilla | 15,583.10 | 15,597.40 | 15,611.70 | 15,626.00 | 15,640.30 | 15,654.60 | 15,668.90 |
| Woodie | 15,392.00 | 15,456.50 | 15,548.00 | 15,612.50 | 15,704.00 | 15,768.50 | 15,860.00 |
| Fibonacci | 15,452.00 | 15,511.59 | 15,548.41 | 15,608.00 | 15,667.59 | 15,704.41 | 15,764.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,950.67 | 15,179.33 | 15,333.67 | 15,562.33 | 15,716.67 | 15,945.33 | 16,099.67 |
| Camarilla | 15,382.68 | 15,417.78 | 15,452.89 | 15,488.00 | 15,523.11 | 15,558.22 | 15,593.33 |
| Woodie | 14,913.50 | 15,160.75 | 15,296.50 | 15,543.75 | 15,679.50 | 15,926.75 | 16,062.50 |
| Fibonacci | 15,179.33 | 15,325.64 | 15,416.03 | 15,562.33 | 15,708.64 | 15,799.03 | 15,945.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,982.33 | 15,231.67 | 15,525.33 | 15,774.67 | 16,068.33 | 16,317.67 | 16,611.33 |
| Camarilla | 15,669.68 | 15,719.45 | 15,769.23 | 15,819.00 | 15,868.78 | 15,918.55 | 15,968.33 |
| Woodie | 15,004.50 | 15,242.75 | 15,547.50 | 15,785.75 | 16,090.50 | 16,328.75 | 16,633.50 |
| Fibonacci | 15,231.67 | 15,439.09 | 15,567.24 | 15,774.67 | 15,982.09 | 16,110.24 | 16,317.67 |
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): | 37.47 | |
| MACD (12,26,9): | -8.0400 | |
| Directional Movement: | -7.95 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 15,574.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,704.45 | |
| Elder Ray (13): | -77.68 | |
| Super Trend (3,10): | 15,622.03 | |
| Zig ZAG (10): | 15,489.00 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 12.56 | |
| TEMA (21): | 15,530.29 | |
| Williams %R (14): | -94.57 | |
| Chande Momentum Oscillator (20): | -144.00 | |
| Repulse (5,40,3): | -0.4500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.75 |
| MA7: | 15,455.86 | |
| MA20: | 15,643.25 | |
| MA50: | 15,673.92 | |
| MA100: | 15,607.66 | |
| MAexp7: | 15,555.86 | |
| MAexp20: | 15,572.92 | |
| MAexp50: | 15,533.94 | |
| MAexp100: | 15,504.95 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | -0.97% | |
| Price / MA50: | -1.17% | |
| Price / MA100: | -0.75% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.09% |
Quotes :
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15 min delayed data
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EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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