Dax (Performanceindex) (DAX.DAX30)

Close: 14 008.00 (+88.18), May 25, 2022
Negative

Low risk

Automatic technical analysis. Medium term, May 25, 2022

Dax (Performanceindex) is in a falling trend channel in the medium long term. This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. The price has had a strong fall after the negative signal from the rectangle formation at the break down through the support at 15217. The objective at 14144 is now met, but the formation signals further development in the same direction. The index has support at points 13360 and resistance at points 15100. Volume has previously been low at price tops and high at price bottoms. This confirms the trend. The index is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative (Score: -80)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.83%2 908.42+0.63%
5 days-47.612.53%3 342.73+0.00%
22 days-8.806.32%4 018.45+0.60%
66 days-19.1811.51%4 895.48-6.88%

More analyses of Dax (Performanceindex)

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


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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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