DAX40 FULL0325 - 15 min. - Technical analysis published on 10/04/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 15,260.33 EUR
My targets
15,058.33 EUR (-0.51%)
14,934.67 EUR (-1.33%)
My analysis
The bearish trend is currently very strong for DAX40 FULL1223. As long as the price remains below the resistance at 15,260.33 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 15,058.33 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14,934.67 EUR as an objective. Crossing it would then enable sellers to target 14,390.00 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by J luis. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DAX40 FULL1223 price is 15,136.00 EUR. The price registered a decrease of -0.52% on the session and was traded between 15,127.00 EUR and 15,217.00 EUR over the period. The price is currently at +0.06% from its lowest and -0.53% from its highest.15,127.00
15,217.00
15,136.00
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DAX40 FULL1223 in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
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 under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12,566.00 | 13,861.83 | 14,390.00 | 15,136.00 | 15,214.00 | 15,462.50 | 15,596.25 |
| Change (%) | -16.98% | -8.42% | -4.93% | - | +0.52% | +2.16% | +3.04% |
| Change | -2,570.00 | -1,274.17 | -746.00 | - | +78.00 | +326.50 | +460.25 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 14,934.67 | 15,058.33 | 15,136.67 | 15,260.33 | 15,338.67 | 15,462.33 | 15,540.67 |
| Camarilla | 15,159.45 | 15,177.97 | 15,196.48 | 15,215.00 | 15,233.52 | 15,252.03 | 15,270.55 |
| Woodie | 14,912.00 | 15,047.00 | 15,114.00 | 15,249.00 | 15,316.00 | 15,451.00 | 15,518.00 |
| Fibonacci | 15,058.33 | 15,135.50 | 15,183.17 | 15,260.33 | 15,337.50 | 15,385.17 | 15,462.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,837.33 | 15,050.67 | 15,288.33 | 15,501.67 | 15,739.33 | 15,952.67 | 16,190.33 |
| Camarilla | 15,401.98 | 15,443.32 | 15,484.66 | 15,526.00 | 15,567.34 | 15,608.68 | 15,650.03 |
| Woodie | 14,849.50 | 15,056.75 | 15,300.50 | 15,507.75 | 15,751.50 | 15,958.75 | 16,202.50 |
| Fibonacci | 15,050.67 | 15,222.95 | 15,329.39 | 15,501.67 | 15,673.95 | 15,780.39 | 15,952.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,210.67 | 14,737.33 | 15,131.67 | 15,658.33 | 16,052.67 | 16,579.33 | 16,973.67 |
| Camarilla | 15,272.73 | 15,357.15 | 15,441.58 | 15,526.00 | 15,610.43 | 15,694.85 | 15,779.28 |
| Woodie | 14,144.50 | 14,704.25 | 15,065.50 | 15,625.25 | 15,986.50 | 16,546.25 | 16,907.50 |
| Fibonacci | 14,737.33 | 15,089.16 | 15,306.51 | 15,658.33 | 16,010.16 | 16,227.51 | 16,579.33 |
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): | 35.92 | |
| MACD (12,26,9): | -10.9900 | |
| Directional Movement: | -5.32 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 15,149.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,187.08 | |
| Elder Ray (13): | -20.25 | |
| Super Trend (3,10): | 15,189.21 | |
| Zig ZAG (10): | 15,134.00 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 29.34 | |
| TEMA (21): | 15,151.94 | |
| Williams %R (14): | -96.61 | |
| Chande Momentum Oscillator (20): | -31.00 | |
| Repulse (5,40,3): | -0.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.11 |
| MA7: | 15,346.14 | |
| MA20: | 15,667.80 | |
| MA50: | 15,920.66 | |
| MA100: | 16,116.73 | |
| MAexp7: | 15,157.48 | |
| MAexp20: | 15,166.61 | |
| MAexp50: | 15,194.67 | |
| MAexp100: | 15,243.92 | |
| Price / MA7: | -1.37% | |
| Price / MA20: | -3.39% | |
| Price / MA50: | -4.93% | |
| Price / MA100: | -6.09% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.39% | |
| Price / MAexp100: | -0.71% |
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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