DAX40 FULL0325 - 15 min. - Technical analysis published on 11/08/2023 (GMT)
- 119
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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 bearish
Underlying:
Slightly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 15,277.67 EUR
My targets
15,148.67 EUR (-0.26%)
15,076.33 EUR (-0.74%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on DAX40 FULL1223 as long as the price remains well below 15,277.67 EUR. The next bearish objective for sellers is set at 15,148.67 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15,076.33 EUR. In case of crossing, the next objective would be the support located at 15,019.67 EUR.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.1
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 rating is 15,188.00 EUR. The price is lower by -0.22% since the last closing and was traded between 15,188.00 EUR and 15,209.00 EUR over the period. The price is currently at 0% from its lowest and -0.14% from its highest.15,188.00
15,209.00
15,188.00
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of DAX40 FULL1223 indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Downside gap
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,875.20 | 15,020.80 | 15,133.00 | 15,188.00 | 15,210.67 | 15,299.78 | 15,560.00 |
| Change (%) | -2.06% | -1.10% | -0.36% | - | +0.15% | +0.74% | +2.45% |
| Change | -312.80 | -167.20 | -55.00 | - | +22.67 | +111.78 | +372.00 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Intermediate |
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 | 15,019.67 | 15,076.33 | 15,148.67 | 15,205.33 | 15,277.67 | 15,334.33 | 15,406.67 |
| Camarilla | 15,185.53 | 15,197.35 | 15,209.18 | 15,221.00 | 15,232.83 | 15,244.65 | 15,256.48 |
| Woodie | 15,027.50 | 15,080.25 | 15,156.50 | 15,209.25 | 15,285.50 | 15,338.25 | 15,414.50 |
| Fibonacci | 15,076.33 | 15,125.61 | 15,156.06 | 15,205.33 | 15,254.61 | 15,285.06 | 15,334.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,293.00 | 14,517.00 | 14,890.00 | 15,114.00 | 15,487.00 | 15,711.00 | 16,084.00 |
| Camarilla | 15,098.83 | 15,153.55 | 15,208.28 | 15,263.00 | 15,317.73 | 15,372.45 | 15,427.18 |
| Woodie | 14,367.50 | 14,554.25 | 14,964.50 | 15,151.25 | 15,561.50 | 15,748.25 | 16,158.50 |
| Fibonacci | 14,517.00 | 14,745.05 | 14,885.95 | 15,114.00 | 15,342.05 | 15,482.95 | 15,711.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,480.00 | 14,073.00 | 14,498.00 | 15,091.00 | 15,516.00 | 16,109.00 | 16,534.00 |
| Camarilla | 14,643.05 | 14,736.37 | 14,829.68 | 14,923.00 | 15,016.32 | 15,109.63 | 15,202.95 |
| Woodie | 13,396.00 | 14,031.00 | 14,414.00 | 15,049.00 | 15,432.00 | 16,067.00 | 16,450.00 |
| Fibonacci | 14,073.00 | 14,461.88 | 14,702.12 | 15,091.00 | 15,479.88 | 15,720.12 | 16,109.00 |
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): | 42.26 | |
| MACD (12,26,9): | -2.1400 | |
| Directional Movement: | -8.29 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 15,207.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 15,219.88 | |
| Elder Ray (13): | -12.22 | |
| Super Trend (3,10): | 15,191.78 | |
| Zig ZAG (10): | 15,193.00 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 12.01 | |
| TEMA (21): | 15,200.45 | |
| Williams %R (14): | -97.30 | |
| Chande Momentum Oscillator (20): | -24.00 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.20 |
| MA7: | 15,153.57 | |
| MA20: | 15,081.80 | |
| MA50: | 15,442.22 | |
| MA100: | 15,811.94 | |
| MAexp7: | 15,202.94 | |
| MAexp20: | 15,210.04 | |
| MAexp50: | 15,205.01 | |
| MAexp100: | 15,204.19 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | +0.70% | |
| Price / MA50: | -1.65% | |
| Price / MA100: | -3.95% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.11% |
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.