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 - 1H - Technical analysis published on 02/02/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

0%

6%

My opinion

Bullish above 15,274.60 EUR

My targets

15,562.67 EUR (+0.63%)

15,703.00 EUR (+1.54%)

My analysis

DAX40 FULL0323 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15,274.60 EUR. The next resistance located at 15,562.67 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15,703.00 EUR. After this resistance, buyers could then target 16,320.00 EUR. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

0

10

9.1

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

Additional analysis

Quotes

The DAX40 FULL0323 price is 15,465.00 EUR. The price has increased by +1.62% since the last closing and was traded between 15,302.00 EUR and 15,496.00 EUR over the period. The price is currently at +1.07% from its lowest and -0.20% from its highest.

15,302.00

15,496.00

15,465.00

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by DAX40 FULL0323:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DAX40 FULL0323 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

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

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Bullish harami

Type : Bullish

Timeframe : 1 hour

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

S3

S2

S1

R1

Price

	S3	S2	S1	Price	R1
ProTrendLines	15,134.20	15,213.90	15,274.60	15,465.00	16,320.00
Change (%)	-2.14%	-1.62%	-1.23%	-	+5.53%
Change	-330.80	-251.10	-190.40	-	+855.00
Level	Major	Intermediate	Intermediate	-	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,909.67	15,030.33	15,124.67	15,245.33	15,339.67	15,460.33	15,554.67
Camarilla	15,159.88	15,179.58	15,199.29	15,219.00	15,238.71	15,258.42	15,278.13
Woodie	14,896.50	15,023.75	15,111.50	15,238.75	15,326.50	15,453.75	15,541.50
Fibonacci	15,030.33	15,112.46	15,163.20	15,245.33	15,327.46	15,378.20	15,460.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14,794.67	14,906.33	15,050.67	15,162.33	15,306.67	15,418.33	15,562.67
Camarilla	15,124.60	15,148.07	15,171.53	15,195.00	15,218.47	15,241.93	15,265.40
Woodie	14,811.00	14,914.50	15,067.00	15,170.50	15,323.00	15,426.50	15,579.00
Fibonacci	14,906.33	15,004.13	15,064.54	15,162.33	15,260.13	15,320.54	15,418.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,845.00	13,374.00	14,274.00	14,803.00	15,703.00	16,232.00	17,132.00
Camarilla	14,781.03	14,912.02	15,043.01	15,174.00	15,304.99	15,435.98	15,566.98
Woodie	13,030.50	13,466.75	14,459.50	14,895.75	15,888.50	16,324.75	17,317.50
Fibonacci	13,374.00	13,919.88	14,257.12	14,803.00	15,348.88	15,686.12	16,232.00

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):	69.38
MACD (12,26,9):	54.0200
Directional Movement:	32.96
AROON (14):	78.57
DEMA (21):	15,373.68
Parabolic SAR (0,02-0,02-0,2):	15,217.13
Elder Ray (13):	116.97
Super Trend (3,10):	15,295.84
Zig ZAG (10):	15,437.00
VORTEX (21):	1.2400
Stochastique (14,3,5):	83.00
TEMA (21):	15,403.54
Williams %R (14):	-15.72
Chande Momentum Oscillator (20):	220.00
Repulse (5,40,3):	0.7400
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.98

MA7:	15,230.00
MA20:	15,130.95
MA50:	14,634.02
MA100:	13,889.15
MAexp7:	15,400.94
MAexp20:	15,308.64
MAexp50:	15,244.52
MAexp100:	15,208.72
Price / MA7:	+1.54%
Price / MA20:	+2.21%
Price / MA50:	+5.68%
Price / MA100:	+11.35%
Price / MAexp7:	+0.42%
Price / MAexp20:	+1.02%
Price / MAexp50:	+1.45%
Price / MAexp100:	+1.69%

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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