Dax (Performanceindex) (DAX.DAX30)

Close: 15 473.00 (-50.36), Oct 21, 2021
Hold

Low risk

Automatic technical analysis. Medium term, Oct 21, 2021

Dax (Performanceindex) has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index is between support at points 15000 and resistance at points 15800. A definitive break through of one of these levels predicts the new direction. Volume has previously been low at price tops and high at price bottoms. This weakens the index. The index is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold (Score: 12)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.92%3 308.21-0.32%
5 days64.042.89%3 222.92+0.06%
22 days-22.646.87%3 441.97+0.81%
66 days-29.7312.77%3 080.76+0.32%

More analyses of Dax (Performanceindex)

chart Dax (Performanceindex) (DAX) Candlesticks 22 Days
Candlesticks
chart Dax (Performanceindex) (DAX) Short term
Short term: Weak Negative
chart Dax (Performanceindex) (DAX) Medium term
Medium term: Hold
chart Dax (Performanceindex) (DAX) Long term
Long term: Weak Negative
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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