DAX40 FULL0325 - 15 min. - Technical analysis published on 02/02/2023 (GMT)
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- Timeframe : 15 min.
- - 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
72%
0%
28%
My opinion
Bullish above 15,339.67 EUR
My targets
15,554.67 EUR (+0.57%)
15,562.67 EUR (+0.62%)
My analysis
The bullish trend is currently very strong on DAX40 FULL0323. As long as the price remains above the support at 15,339.67 EUR, you could try to benefit from the boom. The first bullish objective is located at 15,554.67 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15,562.67 EUR as an objective. Crossing it would then enable buyers to target 16,320.00 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.4
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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 15,467.00 EUR. On the day, this instrument gained +1.63% and was traded between 15,302.00 EUR and 15,496.00 EUR over the period. The price is currently at +1.08% from its lowest and -0.19% from its highest.15,302.00
15,496.00
15,467.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical analysis of this 15 min. chart of DAX40 FULL0323 indicates that the overall trend is strongly bullish. 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.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
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 Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 15,134.20 | 15,213.90 | 15,274.60 | 15,467.00 | 16,320.00 |
| Change (%) | -2.15% | -1.64% | -1.24% | - | +5.51% |
| Change | -332.80 | -253.10 | -192.40 | - | +853.00 |
| 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): | 69.70 | |
| MACD (12,26,9): | 38.6700 | |
| Directional Movement: | 25.19 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 15,458.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,398.65 | |
| Elder Ray (13): | 30.04 | |
| Super Trend (3,10): | 15,390.73 | |
| Zig ZAG (10): | 15,460.00 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 80.66 | |
| TEMA (21): | 15,473.39 | |
| Williams %R (14): | -22.34 | |
| Chande Momentum Oscillator (20): | 142.00 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.75 |
| MA7: | 15,227.43 | |
| MA20: | 15,131.45 | |
| MA50: | 14,634.16 | |
| MA100: | 13,889.25 | |
| MAexp7: | 15,450.99 | |
| MAexp20: | 15,410.27 | |
| MAexp50: | 15,353.95 | |
| MAexp100: | 15,301.24 | |
| Price / MA7: | +1.57% | |
| Price / MA20: | +2.22% | |
| Price / MA50: | +5.69% | |
| Price / MA100: | +11.36% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.37% | |
| Price / MAexp50: | +0.74% | |
| Price / MAexp100: | +1.08% |
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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