DAX40 FULL0625 - 15 min. - Technical analysis published on 02/07/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 14,926.00 EUR
My targets
15,371.00 EUR (+1.01%)
15,656.00 EUR (+2.88%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DAX40 FULL0322. This is a positive signal for buyers. As long as the price remains above 14,926.00 EUR, a purchase could be considered. The first bullish objective is located at 15,371.00 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15,656.00 EUR as an objective. Crossing it would then enable buyers to target 15,816.00 EUR. In the event of a return below 14,926.00 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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Additional analysis
Quotes
DAX40 FULL0322 rating 15,218.00 EUR. On the day, this instrument gained +0.88% with the lowest point at 15,069.00 EUR and the highest point at 15,230.00 EUR. The deviation from the price is +0.99% for the low point and -0.08% for the high point.15,069.00
15,230.00
15,218.00
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of DAX40 FULL0322 indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,829.00 | 14,916.00 | 15,100.90 | 15,218.00 | 15,329.00 | 15,423.60 | 15,497.60 |
| Change (%) | -2.56% | -1.98% | -0.77% | - | +0.73% | +1.35% | +1.84% |
| Change | -389.00 | -302.00 | -117.10 | - | +111.00 | +205.60 | +279.60 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Intermediate |
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 | 14,481.00 | 14,766.00 | 14,926.00 | 15,211.00 | 15,371.00 | 15,656.00 | 15,816.00 |
| Camarilla | 14,963.63 | 15,004.42 | 15,045.21 | 15,086.00 | 15,126.79 | 15,167.58 | 15,208.38 |
| Woodie | 14,418.50 | 14,734.75 | 14,863.50 | 15,179.75 | 15,308.50 | 15,624.75 | 15,753.50 |
| Fibonacci | 14,766.00 | 14,935.99 | 15,041.01 | 15,211.00 | 15,380.99 | 15,486.01 | 15,656.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,167.67 | 14,609.33 | 14,847.67 | 15,289.33 | 15,527.67 | 15,969.33 | 16,207.67 |
| Camarilla | 14,899.00 | 14,961.33 | 15,023.67 | 15,086.00 | 15,148.33 | 15,210.67 | 15,273.00 |
| Woodie | 14,066.00 | 14,558.50 | 14,746.00 | 15,238.50 | 15,426.00 | 15,918.50 | 16,106.00 |
| Fibonacci | 14,609.33 | 14,869.09 | 15,029.57 | 15,289.33 | 15,549.09 | 15,709.57 | 15,969.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,371.00 | 14,100.00 | 14,816.00 | 15,545.00 | 16,261.00 | 16,990.00 | 17,706.00 |
| Camarilla | 15,134.63 | 15,267.08 | 15,399.54 | 15,532.00 | 15,664.46 | 15,796.92 | 15,929.38 |
| Woodie | 13,364.50 | 14,096.75 | 14,809.50 | 15,541.75 | 16,254.50 | 16,986.75 | 17,699.50 |
| Fibonacci | 14,100.00 | 14,651.99 | 14,993.01 | 15,545.00 | 16,096.99 | 16,438.01 | 16,990.00 |
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): | 63.33 | |
| MACD (12,26,9): | 15.2300 | |
| Directional Movement: | 15.05 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 15,174.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,130.54 | |
| Elder Ray (13): | 32.01 | |
| Super Trend (3,10): | 15,119.55 | |
| Zig ZAG (10): | 15,206.00 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 93.75 | |
| TEMA (21): | 15,196.24 | |
| Williams %R (14): | -2.46 | |
| Chande Momentum Oscillator (20): | 102.00 | |
| Repulse (5,40,3): | 0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.99 |
| MA7: | 15,411.57 | |
| MA20: | 15,577.80 | |
| MA50: | 15,600.10 | |
| MA100: | 15,603.56 | |
| MAexp7: | 15,184.53 | |
| MAexp20: | 15,160.42 | |
| MAexp50: | 15,153.69 | |
| MAexp100: | 15,183.64 | |
| Price / MA7: | -1.26% | |
| Price / MA20: | -2.31% | |
| Price / MA50: | -2.45% | |
| Price / MA100: | -2.47% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.42% | |
| Price / MAexp100: | +0.23% |
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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