CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Ger 30 Index Analysis

US Session Analysis for CFD Instruments 21/05/2021

Fundamental analysis

21 May, 2021

The GER 30 moved higher on Friday mirroring other European and global stocks continuing the strong gains from the previous session as solid economic data boosts optimism over the region’s outlook. The Eurozone also received positive economic news as PMI data for Germany and France, remained firmly in expansion territory. Europe’s two largest economies reported a hefty rebound in services in May, driving their economic recoveries even as factories battled shortages and delays.

Technical analysis

Ger 30 Index Analysis Technical analysis 21/05/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 21/05/2021

Support & Resistance Level Explanation
Resistance 2 15563.2 Daily R2
Resistance 1 15487.1 Daily R1
Support 1 15283.9 Daily S1
Support 2 15207.8 Daily S2

GER30 Indicator Table - 21/05/2021

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Neutral
RSI (14) Buy
Stochastic ( 9;6;3) Buy

GER30 Indicator / Period Table - 21/05/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Neutral BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

GER30 21/05/2021 - Reference Price : 15385.5

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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