Mdax (Performanceindex (MDAX.MDAX)

Close: 25 705.00 (+155.48), Dec 23, 2024
Negative

Low risk

chart Mdax (Performanceindex) (MDAX) Candlesticks 22 Days
Candlesticks
chart Mdax (Performanceindex) (MDAX) Short term
Short term: Negative
chart Mdax (Performanceindex) (MDAX) Medium term
Medium term: Weak Negative
chart Mdax (Performanceindex) (MDAX) Long term
Long term: Weak Negative
chart Mdax (Performanceindex) (MDAX)
RSI - Relative Strength Index

Short term

Mdax (Performanceindex) shows weak development in a falling trend channel in the short term. Falling trends indicate that the market experiences negative development and falling buy interest among investors. The index is approacing resistance at 25870 points, which may give a negative reaction. However, a break upwards through 25870 points will be a positive signal. The index is assessed as technically negative for the short term.

Recommendation one to six weeks: Negative (Score: -64)

Medium term

Mdax (Performanceindex) is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction. The index is testing resistance at points 25800. This could give a negative reaction, but an upward breakthrough of points 25800 means a positive signal. The index is assessed as technically slightly negative for the medium long term.

Recommendation one to six months: Weak Negative (Score: -47)

Long term

Mdax (Performanceindex) is in a falling trend channel in the long term. Falling trends indicate that the market experiences negative development and falling buy interest among investors. The index is moving within a rectangle formation between support at 23973 and resistance at 27149. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 24000 and resistance at points 27600. The index is overall assessed as technically slightly negative for the long term.

Recommendation one to six quarters: Weak Negative (Score: -43)


Overall analysis

Mdax (Performanceindex) is technically negative for the short, medium, as well as the long term.

Recommendation one to six months: Negative (Score: -71)

Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.75%0.00+0.61%
5 days0.002.39%0.00-1.84%
22 days0.006.00%0.00-0.63%
66 days0.0011.63%0.00-0.53%
 


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.


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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