DAX (DAX) Down 1.55%
Relative to other instruments in the equity indices asset class, dax ranked 8th since yesterday in terms of percentage price change.
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) Heads Down For the 2nd Consecutive Day
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
DAX (DAX) Down 0.59%; in an Uptrend Over Past 90 Days
Price action traders may also wish to note that we see a pin bar candlestick pattern on dax.
DAX (DAX) Tops All equity indices, Up 1.34%; in an Uptrend Over Past 14 Days
Dax outperformed all 14 assets in the equity indices asset class since the previous day.
DAX (DAX) Up 0.3%; Doji Pattern Appearing on Chart
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
DAX (DAX) Down 0.17%; 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 day prior.
DAX (DAX) Up 0.13%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Of note is that the 20 hour changed directions on dax; it is now pointing down.
DAX (DAX) Down 0.13%; in an Uptrend Over Past 14 Days
Relative to other instruments in the equity indices asset class, dax ranked 3rd since the previous day in terms of percentage price change.
DAX (DAX) Moves Up For the 2nd Consecutive Day; in an Uptrend Over Past 30 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
DAX (DAX) Up 0.17%; in an Uptrend Over Past 14 Days
Given that we see an uptrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.