DAX (Germany) Technical Analysis

GDAXI -- Germany Index  

 13,378  156.10  1.18%

As of the 13th of December 2019 DAX shows Downside Deviation of 1.64 and Mean Deviation of 0.8651. Macroaxis technical analysis interface provides you with the way to check helpful technical drivers of DAX as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for DAX which can be compared to its rivals. Please confirm DAX Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if DAX is priced adequately providing market reflects its regular price of 13377.74 per share.
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DAX Trend Analysis

Use this graph to draw trend lines for DAX. You can use it to identify possible trend reversals for DAX 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DAX Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DAX applied against its price change over selected period. The best fit line has a slop of   21.30  which means DAX will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.716273511E7, which is the sum of squared deviations for the predicted DAX price change compared to its average price change.

DAX December 13, 2019 Technical Indicators

DAX December 13, 2019 Daily Price Condition

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