DAX40 FULL0325 - 15 min. - Technical analysis published on 10/30/2024 (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
22%
56%
22%
My opinion
Bearish under 19,446.00 EUR
My targets
19,183.33 EUR (-0.72%)
18,459.45 EUR (-4.47%)
My analysis
DAX40 FULL1224 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 19,446.00 EUR. The next support located at 19,183.33 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 18,459.45 EUR. Below this support, sellers could then target 17,620.44 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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Additional analysis
Quotes
The DAX40 FULL1224 price is 19,323.00 EUR. The price is lower by -1.33% since the last closing and was between 19,297.00 EUR and 19,605.00 EUR. This implies that the price is at +0.13% from its lowest and at -1.44% from its highest.19,297.00
19,605.00
19,323.00
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
A study of price movements over other periods shows the following variations:
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 this 15 min. chart of DAX40 FULL1224 indicates that the overall trend is strongly bearish. 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 15 minutes
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 : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17,620.44 | 18,459.45 | 19,183.33 | 19,323.00 | 19,354.00 | 19,412.00 | 19,459.00 |
| Change (%) | -8.81% | -4.47% | -0.72% | - | +0.16% | +0.46% | +0.70% |
| Change | -1,702.56 | -863.55 | -139.67 | - | +31.00 | +89.00 | +136.00 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,330.00 | 19,446.00 | 19,515.00 | 19,631.00 | 19,700.00 | 19,816.00 | 19,885.00 |
| Camarilla | 19,533.13 | 19,550.08 | 19,567.04 | 19,584.00 | 19,600.96 | 19,617.92 | 19,634.88 |
| Woodie | 19,306.50 | 19,434.25 | 19,491.50 | 19,619.25 | 19,676.50 | 19,804.25 | 19,861.50 |
| Fibonacci | 19,446.00 | 19,516.67 | 19,560.33 | 19,631.00 | 19,701.67 | 19,745.33 | 19,816.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,008.67 | 19,210.33 | 19,379.67 | 19,581.33 | 19,750.67 | 19,952.33 | 20,121.67 |
| Camarilla | 19,446.98 | 19,480.98 | 19,514.99 | 19,549.00 | 19,583.01 | 19,617.02 | 19,651.03 |
| Woodie | 18,992.50 | 19,202.25 | 19,363.50 | 19,573.25 | 19,734.50 | 19,944.25 | 20,105.50 |
| Fibonacci | 19,210.33 | 19,352.06 | 19,439.61 | 19,581.33 | 19,723.06 | 19,810.61 | 19,952.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,477.00 | 17,936.00 | 18,745.00 | 19,204.00 | 20,013.00 | 20,472.00 | 21,281.00 |
| Camarilla | 19,205.30 | 19,321.53 | 19,437.77 | 19,554.00 | 19,670.23 | 19,786.47 | 19,902.70 |
| Woodie | 17,652.00 | 18,023.50 | 18,920.00 | 19,291.50 | 20,188.00 | 20,559.50 | 21,456.00 |
| Fibonacci | 17,936.00 | 18,420.38 | 18,719.62 | 19,204.00 | 19,688.38 | 19,987.62 | 20,472.00 |
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): | 17.23 | |
| MACD (12,26,9): | -51.9200 | |
| Directional Movement: | -32.73 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 19,330.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 19,347.03 | |
| Elder Ray (13): | -51.72 | |
| Super Trend (3,10): | 19,401.37 | |
| Zig ZAG (10): | 19,305.00 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 10.42 | |
| TEMA (21): | 19,307.02 | |
| Williams %R (14): | -95.40 | |
| Chande Momentum Oscillator (20): | -164.00 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.40 |
| MA7: | 19,520.43 | |
| MA20: | 19,489.15 | |
| MA50: | 19,188.40 | |
| MA100: | 18,856.58 | |
| MAexp7: | 19,337.95 | |
| MAexp20: | 19,395.09 | |
| MAexp50: | 19,465.42 | |
| MAexp100: | 19,519.68 | |
| Price / MA7: | -1.01% | |
| Price / MA20: | -0.85% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | +2.47% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.37% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | -1.01% |
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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