DAX Index (Germany) Technical Analysis

GDAXI Index   17,735  56.88  0.32%   

DAX Index Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DAX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DAXDAX Index's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
DAX Index technical index analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, index market cycles, or different charting patterns.
A focus of DAX Index technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DAX Index trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

DAX Index Trend Analysis

Use this graph to draw trend lines for DAX Index. You can use it to identify possible trend reversals for DAX Index as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DAX Index price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DAX Index Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DAX Index applied against its price change over selected period. The best fit line has a slop of   13.68  , which means DAX Index will continue producing value for investors. It has 122 observation points and a regression sum of squares at 7073658.81, which is the sum of squared deviations for the predicted DAX Index price change compared to its average price change.

DAX Index March 4, 2024 Technical Indicators

Most technical analysis of DAX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DAX from various momentum indicators to cycle indicators. When you analyze DAX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for DAX Index analysis

When running DAX Index's price analysis, check to measure DAX Index's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DAX Index is operating at the current time. Most of DAX Index's value examination focuses on studying past and present price action to predict the probability of DAX Index's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DAX Index's price. Additionally, you may evaluate how the addition of DAX Index to your portfolios can decrease your overall portfolio volatility.
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