DAX40 FULL0325

- EUR (-)

- 15 min delayed data - EUREX Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	DAXXXXX
ISIN:	FDAXXXXX

DAX40 FULL0325 - Daily - Technical analysis published on 09/07/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 13,346.70 EUR

My targets

12,633.00 EUR (-2.26%)

12,284.50 EUR (-4.96%)

My analysis

DAX40 FULL0922 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 13,346.70 EUR. The next support located at 12,633.00 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 12,284.50 EUR. Below this support, sellers could then target 11,480.30 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.4

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 Simon1. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 FULL0922 price is 12,925.00 EUR. The price registered an increase of +0.51% on the session and was traded between 12,700.00 EUR and 12,959.00 EUR over the period. The price is currently at +1.77% from its lowest and -0.26% from its highest.

12,700.00

12,959.00

12,925.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DAX40 FULL0922 chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11,480.30	12,284.50	12,633.00	12,925.00	13,346.70	13,655.00	14,993.00
Change (%)	-11.18%	-4.96%	-2.26%	-	+3.26%	+5.65%	+16.00%
Change	-1,444.70	-640.50	-292.00	-	+421.70	+730.00	+2,068.00
Level	Minor	Intermediate	Major	-	Major	Major	Major

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	12,535.67	12,628.33	12,743.67	12,836.33	12,951.67	13,044.33	13,159.67
Camarilla	12,801.80	12,820.87	12,839.93	12,859.00	12,878.07	12,897.13	12,916.20
Woodie	12,547.00	12,634.00	12,755.00	12,842.00	12,963.00	13,050.00	13,171.00
Fibonacci	12,628.33	12,707.79	12,756.88	12,836.33	12,915.79	12,964.88	13,044.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,151.33	12,374.67	12,708.33	12,931.67	13,265.33	13,488.67	13,822.33
Camarilla	12,888.83	12,939.88	12,990.94	13,042.00	13,093.06	13,144.12	13,195.18
Woodie	12,206.50	12,402.25	12,763.50	12,959.25	13,320.50	13,516.25	13,877.50
Fibonacci	12,374.67	12,587.44	12,718.89	12,931.67	13,144.44	13,275.89	13,488.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,083.67	11,892.33	12,352.67	13,161.33	13,621.67	14,430.33	14,890.67
Camarilla	12,464.03	12,580.35	12,696.68	12,813.00	12,929.33	13,045.65	13,161.98
Woodie	10,909.50	11,805.25	12,178.50	13,074.25	13,447.50	14,343.25	14,716.50
Fibonacci	11,892.33	12,377.09	12,676.58	13,161.33	13,646.09	13,945.58	14,430.33

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):	44.81
MACD (12,26,9):	-157.4200
Directional Movement:	-3.28
AROON (14):	-85.71
DEMA (21):	12,925.17
Parabolic SAR (0,02-0,02-0,2):	12,993.49
Elder Ray (13):	-179.09
Super Trend (3,10):	13,430.47
Zig ZAG (10):	12,942.00
VORTEX (21):	0.8000
Stochastique (14,3,5):	22.37
TEMA (21):	12,789.90
Williams %R (14):	-67.64
Chande Momentum Oscillator (20):	-248.00
Repulse (5,40,3):	3.3300
ROCnROLL:	2
TRIX (15,9):	-0.1100
Courbe Coppock:	11.20

MA7:	12,850.57
MA20:	13,239.65
MA50:	13,178.88
MA100:	13,498.22
MAexp7:	12,906.27
MAexp20:	13,100.46
MAexp50:	13,269.87
MAexp100:	13,536.51
Price / MA7:	+0.58%
Price / MA20:	-2.38%
Price / MA50:	-1.93%
Price / MA100:	-4.25%
Price / MAexp7:	+0.15%
Price / MAexp20:	-1.34%
Price / MAexp50:	-2.60%
Price / MAexp100:	-4.52%

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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