DAX40 FULL0325 - 1H - Technical analysis published on 10/25/2023 (GMT)
- 107
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
44%
39%
My opinion
Neutral between 14,832.00 EUR and 15,076.83 EUR
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on DAX40 FULL1223. It is difficult to advise a trading direction under these conditions. The first support is located at 14,832.00 EUR. The first resistance is located at 15,076.83 EUR. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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This analysis was given by ciaciocoin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DAX40 FULL1223 rating 14,944.00 EUR. The price registered a decrease of -0.09% on the session and was between 14,917.00 EUR and 14,996.00 EUR. This implies that the price is at +0.18% from its lowest and at -0.35% from its highest.14,917.00
14,996.00
14,944.00
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DAX40 FULL1223 in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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 | 14,714.00 | 14,832.00 | 14,918.00 | 14,944.00 | 15,076.83 | 15,209.00 | 15,405.00 |
| Change (%) | -1.54% | -0.75% | -0.17% | - | +0.89% | +1.77% | +3.08% |
| Change | -230.00 | -112.00 | -26.00 | - | +132.83 | +265.00 | +461.00 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,638.33 | 14,720.67 | 14,839.33 | 14,921.67 | 15,040.33 | 15,122.67 | 15,241.33 |
| Camarilla | 14,902.73 | 14,921.15 | 14,939.58 | 14,958.00 | 14,976.43 | 14,994.85 | 15,013.28 |
| Woodie | 14,656.50 | 14,729.75 | 14,857.50 | 14,930.75 | 15,058.50 | 15,131.75 | 15,259.50 |
| Fibonacci | 14,720.67 | 14,797.45 | 14,844.89 | 14,921.67 | 14,998.45 | 15,045.89 | 15,122.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,173.67 | 14,520.33 | 14,711.67 | 15,058.33 | 15,249.67 | 15,596.33 | 15,787.67 |
| Camarilla | 14,755.05 | 14,804.37 | 14,853.68 | 14,903.00 | 14,952.32 | 15,001.63 | 15,050.95 |
| Woodie | 14,096.00 | 14,481.50 | 14,634.00 | 15,019.50 | 15,172.00 | 15,557.50 | 15,710.00 |
| Fibonacci | 14,520.33 | 14,725.85 | 14,852.82 | 15,058.33 | 15,263.85 | 15,390.82 | 15,596.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,184.00 | 14,724.00 | 15,105.00 | 15,645.00 | 16,026.00 | 16,566.00 | 16,947.00 |
| Camarilla | 15,232.73 | 15,317.15 | 15,401.58 | 15,486.00 | 15,570.43 | 15,654.85 | 15,739.28 |
| Woodie | 14,104.50 | 14,684.25 | 15,025.50 | 15,605.25 | 15,946.50 | 16,526.25 | 16,867.50 |
| Fibonacci | 14,724.00 | 15,075.82 | 15,293.18 | 15,645.00 | 15,996.82 | 16,214.18 | 16,566.00 |
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): | 48.20 | |
| MACD (12,26,9): | 16.3100 | |
| Directional Movement: | -2.86 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 14,969.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,000.03 | |
| Elder Ray (13): | -5.73 | |
| Super Trend (3,10): | 14,874.56 | |
| Zig ZAG (10): | 14,923.00 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 37.06 | |
| TEMA (21): | 14,977.22 | |
| Williams %R (14): | -90.43 | |
| Chande Momentum Oscillator (20): | -48.00 | |
| Repulse (5,40,3): | -0.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.45 |
| MA7: | 15,044.57 | |
| MA20: | 15,259.45 | |
| MA50: | 15,620.04 | |
| MA100: | 15,955.15 | |
| MAexp7: | 14,955.03 | |
| MAexp20: | 14,946.85 | |
| MAexp50: | 14,942.67 | |
| MAexp100: | 15,007.63 | |
| Price / MA7: | -0.67% | |
| Price / MA20: | -2.07% | |
| Price / MA50: | -4.33% | |
| Price / MA100: | -6.34% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.42% |
Quotes :
-
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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