DAX (Germany) Technical Analysis

GDAXI -  Germany Index  

 13,982  99.61  0.72%

As of the 20th of May, DAX shows the mean deviation of 1.37. Our technical analysis interface provides you with a way to check helpful technical drivers of DAX, as well as the relationship between them. Put another way, 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 were able to analyze nineteen technical drivers for DAX, which can be compared to its rivals. Please confirm DAX coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if DAX is priced adequately, providing market reflects its regular price of 13981.91 per share.
  
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DAX 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, stock market cycles, or different charting patterns.
A focus of DAX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DAX 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 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   -1.52  , which may suggest that DAX market price will keep on failing further. It has 122 observation points and a regression sum of squares at 86814.86, which is the sum of squared deviations for the predicted DAX price change compared to its average price change.

About DAX Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DAX on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DAX based on its technical analysis. In general, a bottom-up approach, as applied to this index, focuses on DAX stock first instead of the macroeconomic environment surrounding DAX. By analyzing DAX's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DAX's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DAX specific price patterns or momentum indicators. Please read more on our technical analysis page.

DAX May 20, 2022 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.

DAX May 20, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DAX stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Current Watchlist. Note that the DAX information on this page should be used as a complementary analysis to other DAX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for DAX Index

When running DAX price analysis, check to measure DAX'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 is operating at the current time. Most of DAX's value examination focuses on studying past and present price action to predict the probability of DAX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DAX's price. Additionally, you may evaluate how the addition of DAX to your portfolios can decrease your overall portfolio volatility.
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