DAX40 FULL0325 - 15 min. - Technical analysis published on 02/03/2023 (GMT)
- 136
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 15,487.67 EUR
My targets
15,379.33 EUR (-0.52%)
15,193.67 EUR (-1.72%)
My analysis
DAX40 FULL0323 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 15,487.67 EUR. The next support located at 15,379.33 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 15,193.67 EUR. Below this support, sellers could then target 15,085.33 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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 15,459.00 EUR. The price is lower by -0.68% since the last closing and was between 15,397.00 EUR and 15,556.00 EUR. This implies that the price is at +0.40% from its lowest and at -0.62% from its highest.15,397.00
15,556.00
15,459.00
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DAX40 FULL0323 in 15 min. shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This 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.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 15,134.20 | 15,237.10 | 15,392.00 | 15,459.00 | 15,496.00 | 16,320.00 |
| Change (%) | -2.10% | -1.44% | -0.43% | - | +0.24% | +5.57% |
| Change | -324.80 | -221.90 | -67.00 | - | +37.00 | +861.00 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,085.33 | 15,193.67 | 15,379.33 | 15,487.67 | 15,673.33 | 15,781.67 | 15,967.33 |
| Camarilla | 15,484.15 | 15,511.10 | 15,538.05 | 15,565.00 | 15,591.95 | 15,618.90 | 15,645.85 |
| Woodie | 15,124.00 | 15,213.00 | 15,418.00 | 15,507.00 | 15,712.00 | 15,801.00 | 16,006.00 |
| Fibonacci | 15,193.67 | 15,305.98 | 15,375.36 | 15,487.67 | 15,599.98 | 15,669.36 | 15,781.67 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 21.18 | |
| MACD (12,26,9): | -29.3800 | |
| Directional Movement: | -36.27 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 15,457.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,507.94 | |
| Elder Ray (13): | -55.72 | |
| Super Trend (3,10): | 15,484.46 | |
| Zig ZAG (10): | 15,422.00 | |
| VORTEX (21): | 0.6500 | |
| Stochastique (14,3,5): | 14.50 | |
| TEMA (21): | 15,434.05 | |
| Williams %R (14): | -73.38 | |
| Chande Momentum Oscillator (20): | -99.00 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.28 |
| MA7: | 15,281.71 | |
| MA20: | 15,173.55 | |
| MA50: | 14,652.86 | |
| MA100: | 13,914.89 | |
| MAexp7: | 15,441.20 | |
| MAexp20: | 15,489.12 | |
| MAexp50: | 15,504.33 | |
| MAexp100: | 15,467.78 | |
| Price / MA7: | +1.16% | |
| Price / MA20: | +1.88% | |
| Price / MA50: | +5.50% | |
| Price / MA100: | +11.10% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.30% | |
| Price / MAexp100: | -0.06% |
Quotes :
-
15 min delayed data
-
EUREX Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis DAX40 FULL0325 - 15 min.