DAX (DAX) Up 0.11%; in an Uptrend Over Past 90 Days
Out of the 14 instruments in the equity indices asset class, dax ended up ranking 5th for the day in terms of price change relative to yesterday.
DAX
(Last Updated April 15, 2021)
Hello! This is the news page for DAX. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On DAX, there is currently an uptrend on the 90, 30 and 14 day timeframes.
DAX Moving Averages
The moving averages on DAX indicate a trend that is clearly bullish.
Below is a chart showing DAX’s price with its moving averages.
The View From the Weekly Timeframe
Currently, DAX’s price is down -25.01 (-0.16%) from the week prior. It’s been a feast for bulls operating on the weekly timeframe, as DAX has now gone up 4 of the past 5 weeks. Regarding the trend, note that the strongest trend exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. DAX’s weekly price action over the past 52 weeks can be seen via the chart below.
DAX (DAX) Down 0.12%; in an Uptrend Over Past 90 Days
This is a reversal of the price action on the previous hour, in which price moved up.
DAX (DAX) Down 0.12%; in an Uptrend Over Past 90 Days
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
DAX (DAX) Up 0.36%, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 14 days dax’s price has gone up 7 them.
DAX (DAX) Down 0.13%; in an Uptrend Over Past 90 Days
This is the 3rd straight hour dax has seen its price head up.
DAX (DAX) Up 0.78%; in an Uptrend Over Past 90 Days
Relative to other instruments in the equity indices asset class, dax ranked 3rd since yesterday in terms of percentage price change.
DAX (DAX) Heads Down For the 3rd Consecutive Day
Out of the 14 instruments in the equity indices asset class, dax ended up ranking 11th for the day in terms of price change relative to the previous day.
DAX (DAX) Moves Down For the 3rd Consecutive Day; in an Uptrend Over Past 14 Days
Out of the 14 instruments in the equity indices asset class, dax ended up ranking 11th for the day in terms of price change relative to the previous day.
DAX (DAX) Heads Down For the 2nd Consecutive Day; in an Uptrend Over Past 90 Days
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
DAX (DAX) Up 0.39%; in an Uptrend Over Past 90 Days
This move is a reversal from the hour prior, which saw price move down.