Londinia Opportunities Analyses - 12/19/2024 (GMT) DAXSEC. ALL SOFTWARE TR - 1H

DAXSEC. ALL SOFTWARE TR
- EUR (-)
- 15 min delayed data - Germany Indices
Type: Indices
Ticker: 4N84
ISIN: DE000A0SM7W8

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: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 853.59 EUR
My targets
840.27 EUR (-0.86%)
818.21 EUR (-3.46%)
My analysis
DAXSEC. ALL SOFTWARE TR 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 853.59 EUR. The next support located at 840.27 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 818.21 EUR. Below this support, sellers could then target 806.99 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7

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.

Additional analysis

Quotes

The DAXSEC. ALL SOFTWARE TR price is 847.52 EUR. The price registered a decrease of -1.33% on the session and was between 843.71 EUR and 858.98 EUR. This implies that the price is at +0.45% from its lowest and at -1.33% from its highest.

843.71
858.98
847.52

Here is a more detailed summary of the historical variations registered by DAXSEC. ALL SOFTWARE TR:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 DAXSEC. ALL SOFTWARE TR in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 806.99 818.21 840.27 847.52 853.59 865.22
Change (%) -4.78% -3.46% -0.86% - +0.72% +2.09%
Change -40.53 -29.31 -7.25 - +6.07 +17.70
Level Minor Minor Minor - Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard846.55850.65854.82858.92863.09867.19871.36
Camarilla856.71857.46858.22858.98859.74860.50861.25
Woodie846.58850.67854.85858.94863.12867.21871.39
Fibonacci850.65853.81855.76858.92862.08864.03867.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard816.44828.31845.29857.16874.14886.01902.99
Camarilla854.34856.98859.63862.27864.92867.56870.20
Woodie819.00829.59847.85858.44876.70887.29905.55
Fibonacci828.31839.33846.14857.16868.18874.99886.01


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard726.00746.35777.61797.96829.22849.57880.83
Camarilla794.67799.40804.13808.86813.59818.32823.05
Woodie731.45749.08783.06800.69834.67852.30886.28
Fibonacci746.35766.07778.25797.96817.68829.86849.57

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 34.05
MACD (12,26,9): -2.9500
Directional Movement: -19.64
AROON (14): -64.28
DEMA (21): 851.91
Parabolic SAR (0,02-0,02-0,2): 861.18
Elder Ray (13): -7.38
Super Trend (3,10): 858.03
Zig ZAG (10): 846.42
VORTEX (21): 0.8900
Stochastique (14,3,5): 8.44
TEMA (21): 849.40
Williams %R (14): -84.37
Chande Momentum Oscillator (20): -15.37
Repulse (5,40,3): -0.6700
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 1.40
MA7: 857.72
MA20: 840.36
MA50: 806.38
MA100: 761.51
MAexp7: 850.57
MAexp20: 855.05
MAexp50: 856.62
MAexp100: 851.45
Price / MA7: -1.19%
Price / MA20: +0.85%
Price / MA50: +5.10%
Price / MA100: +11.29%
Price / MAexp7: -0.36%
Price / MAexp20: -0.88%
Price / MAexp50: -1.06%
Price / MAexp100: -0.46%

Quotes : - 15 min delayed data - Indices Allemagne