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 10/06/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

6%

17%

My opinion

Bullish above 15,265.14 EUR

My targets

15,462.50 EUR (+0.60%)

15,596.25 EUR (+1.47%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DAX40 FULL1223 as long as the price remains well above 15,265.14 EUR. The buyers' bullish objective is set at 15,462.50 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15,596.25 EUR. If there is any crossing, the next objective would be the resistance located at 15,647.00 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

0

10

5.9

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 FULL1223 price is 15,370.00 EUR. The price registered an increase of +1.21% on the session with the lowest point at 15,148.00 EUR and the highest point at 15,375.00 EUR. The deviation from the price is +1.47% for the low point and -0.03% for the high point.

15,148.00

15,375.00

15,370.00

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

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 an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of DAX40 FULL1223 indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

S3

S2

S1

R1

R2

R3

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15,163.00	15,214.00	15,265.14	15,370.00	15,462.50	15,596.25	15,647.00
Change (%)	-1.35%	-1.01%	-0.68%	-	+0.60%	+1.47%	+1.80%
Change	-207.00	-156.00	-104.86	-	+92.50	+226.25	+277.00
Level	Minor	Major	Major	-	Minor	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15,001.67	15,081.33	15,133.67	15,213.33	15,265.67	15,345.33	15,397.67
Camarilla	15,149.70	15,161.80	15,173.90	15,186.00	15,198.10	15,210.20	15,222.30
Woodie	14,988.00	15,074.50	15,120.00	15,206.50	15,252.00	15,338.50	15,384.00
Fibonacci	15,081.33	15,131.76	15,162.91	15,213.33	15,263.76	15,294.91	15,345.33

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.04
MACD (12,26,9):	11.5700
Directional Movement:	1.86
AROON (14):	21.43
DEMA (21):	15,266.39
Parabolic SAR (0,02-0,02-0,2):	15,148.00
Elder Ray (13):	45.78
Super Trend (3,10):	15,394.60
Zig ZAG (10):	15,350.00
VORTEX (21):	1.0700
Stochastique (14,3,5):	66.88
TEMA (21):	15,279.62
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	115.00
Repulse (5,40,3):	1.0200
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.54

MA7:	15,330.86
MA20:	15,608.15
MA50:	15,867.12
MA100:	16,091.22
MAexp7:	15,274.16
MAexp20:	15,253.43
MAexp50:	15,252.93
MAexp100:	15,295.83
Price / MA7:	+0.26%
Price / MA20:	-1.53%
Price / MA50:	-3.13%
Price / MA100:	-4.48%
Price / MAexp7:	+0.63%
Price / MAexp20:	+0.76%
Price / MAexp50:	+0.77%
Price / MAexp100:	+0.48%

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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