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 - Daily - Technical analysis published on 05/15/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 18,068.11 EUR

My targets

19,402.67 EUR (+2.82%)

19,966.33 EUR (+5.81%)

My analysis

DAX40 FULL0624 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 18,068.11 EUR. The next resistance located at 19,402.67 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 19,966.33 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.2

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 Barts_XV. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DAX40 FULL0624 rating is 18,870.00 EUR. The price has increased by +0.15% since the last closing and was traded between 18,866.00 EUR and 18,914.00 EUR over the period. The price is currently at +0.02% from its lowest and -0.23% from its highest.

18,866.00

18,914.00

18,870.00

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 FULL0624 in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Price

	S3	S2	S1	Price
ProTrendLines	17,247.40	18,068.11	18,812.00	18,870.00
Change (%)	-8.60%	-4.25%	-0.31%	-
Change	-1,622.60	-801.89	-58.00	-
Level	Major	Major	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	18,601.33	18,668.67	18,755.33	18,822.67	18,909.33	18,976.67	19,063.33
Camarilla	18,799.65	18,813.77	18,827.88	18,842.00	18,856.12	18,870.23	18,884.35
Woodie	18,611.00	18,673.50	18,765.00	18,827.50	18,919.00	18,981.50	19,073.00
Fibonacci	18,668.67	18,727.50	18,763.84	18,822.67	18,881.50	18,917.84	18,976.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,568.33	17,865.67	18,371.33	18,668.67	19,174.33	19,471.67	19,977.33
Camarilla	18,656.18	18,729.78	18,803.39	18,877.00	18,950.61	19,024.22	19,097.83
Woodie	17,672.50	17,917.75	18,475.50	18,720.75	19,278.50	19,523.75	20,081.50
Fibonacci	17,865.67	18,172.41	18,361.92	18,668.67	18,975.41	19,164.92	19,471.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16,273.33	16,940.67	17,504.33	18,171.67	18,735.33	19,402.67	19,966.33
Camarilla	17,729.48	17,842.32	17,955.16	18,068.00	18,180.84	18,293.68	18,406.53
Woodie	16,221.50	16,914.75	17,452.50	18,145.75	18,683.50	19,376.75	19,914.50
Fibonacci	16,940.67	17,410.91	17,701.43	18,171.67	18,641.91	18,932.43	19,402.67

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):	66.85
MACD (12,26,9):	168.8600
Directional Movement:	13.16
AROON (14):	71.43
DEMA (21):	18,703.79
Parabolic SAR (0,02-0,02-0,2):	18,456.11
Elder Ray (13):	283.66
Super Trend (3,10):	18,353.74
Zig ZAG (10):	18,874.00
VORTEX (21):	1.1600
Stochastique (14,3,5):	88.67
TEMA (21):	18,796.92
Williams %R (14):	-9.87
Chande Momentum Oscillator (20):	516.00
Repulse (5,40,3):	0.2300
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	6.39

MA7:	18,785.00
MA20:	18,384.35
MA50:	18,350.36
MA100:	17,828.66
MAexp7:	18,747.44
MAexp20:	18,514.37
MAexp50:	18,265.25
MAexp100:	17,885.92
Price / MA7:	+0.45%
Price / MA20:	+2.64%
Price / MA50:	+2.83%
Price / MA100:	+5.84%
Price / MAexp7:	+0.65%
Price / MAexp20:	+1.92%
Price / MAexp50:	+3.31%
Price / MAexp100:	+5.50%

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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