Londinia Opportunities Analyses - 05/03/2024 (GMT) SDAX50 PERF INDEX - 1H
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EUR
(-)
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15 min delayed data - Germany Indices
| Type: | Indices |
| Ticker: | SDXP |
| ISIN: | DE0009653386 |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 14,310.79 EUR
My targets
14,517.99 EUR (+0.81%)
14,636.94 EUR (+1.64%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SDAX50 PERF INDEX as long as the price remains well above 14,310.79 EUR. The buyers' bullish objective is set at 14,517.99 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14,636.94 EUR. If there is any crossing, the next objective would be the resistance located at 14,708.13 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
8
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Additional analysis
Quotes
The SDAX50 PERF INDEX rating is 14,400.91 EUR. The price registered an increase of +0.23% on the session with the lowest point at 14,368.86 EUR and the highest point at 14,412.95 EUR. The deviation from the price is +0.22% for the low point and -0.08% for the high point.14,368.86
14,412.95
14,400.91
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SDAX50 PERF INDEX in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being 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, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14,216.86 | 14,310.79 | 14,371.25 | 14,400.91 | 14,433.26 | 14,517.99 | 14,636.94 |
| Change (%) | -1.28% | -0.63% | -0.21% | - | +0.22% | +0.81% | +1.64% |
| Change | -184.05 | -90.12 | -29.66 | - | +32.35 | +117.08 | +236.03 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,238.37 | 14,267.96 | 14,318.04 | 14,347.63 | 14,397.71 | 14,427.30 | 14,477.38 |
| Camarilla | 14,346.21 | 14,353.51 | 14,360.82 | 14,368.12 | 14,375.42 | 14,382.73 | 14,390.03 |
| Woodie | 14,248.62 | 14,273.08 | 14,328.29 | 14,352.75 | 14,407.96 | 14,432.42 | 14,487.63 |
| Fibonacci | 14,267.96 | 14,298.39 | 14,317.20 | 14,347.63 | 14,378.06 | 14,396.87 | 14,427.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,725.16 | 13,853.51 | 14,054.93 | 14,183.28 | 14,384.70 | 14,513.05 | 14,714.47 |
| Camarilla | 14,165.65 | 14,195.88 | 14,226.11 | 14,256.34 | 14,286.57 | 14,316.80 | 14,347.03 |
| Woodie | 13,761.69 | 13,871.78 | 14,091.46 | 14,201.55 | 14,421.23 | 14,531.32 | 14,751.00 |
| Fibonacci | 13,853.51 | 13,979.49 | 14,057.31 | 14,183.28 | 14,309.26 | 14,387.08 | 14,513.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,108.08 | 13,482.37 | 13,889.90 | 14,264.19 | 14,671.72 | 15,046.01 | 15,453.54 |
| Camarilla | 14,082.43 | 14,154.10 | 14,225.76 | 14,297.43 | 14,369.10 | 14,440.76 | 14,512.43 |
| Woodie | 13,124.70 | 13,490.68 | 13,906.52 | 14,272.50 | 14,688.34 | 15,054.32 | 15,470.16 |
| Fibonacci | 13,482.37 | 13,781.03 | 13,965.54 | 14,264.19 | 14,562.85 | 14,747.36 | 15,046.01 |
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): | 61.24 | |
| MACD (12,26,9): | 18.8000 | |
| Directional Movement: | 4.78 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 14,395.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 14,314.94 | |
| Elder Ray (13): | 26.60 | |
| Super Trend (3,10): | 14,426.90 | |
| Zig ZAG (10): | 14,402.96 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 88.82 | |
| TEMA (21): | 14,384.96 | |
| Williams %R (14): | -10.33 | |
| Chande Momentum Oscillator (20): | 68.66 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.29 |
| MA7: | 14,284.45 | |
| MA20: | 14,258.58 | |
| MA50: | 14,076.86 | |
| MA100: | 13,863.55 | |
| MAexp7: | 14,387.53 | |
| MAexp20: | 14,369.39 | |
| MAexp50: | 14,319.51 | |
| MAexp100: | 14,271.07 | |
| Price / MA7: | +0.82% | |
| Price / MA20: | +1.00% | |
| Price / MA50: | +2.30% | |
| Price / MA100: | +3.88% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.91% |
Quotes :
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15 min delayed data
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Indices Allemagne