Mdax (Performanceindex (MDAX.MDAX)

Close: 26 180.00 (+311.93), Nov 22, 2024
Weak Negative

Low risk

Automatic technical analysis. Long term, Nov 22, 2024

Investors have accepted lower prices over time to get out of Mdax (Performanceindex) and the index 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 23959 and resistance at 27248. 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: -42)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.74%0.00+1.21%
5 days0.002.35%0.00-0.87%
22 days0.005.93%0.00-3.12%
66 days0.0011.63%0.00+4.86%

More analyses of Mdax (Performanceindex)

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
 


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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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