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 40 Index Analysis

US Session Analysis for CFD Instruments 22/11/2024

Fundamental analysis

22 November, 2024

In the European session, the German Benchmark Index traded above 19,000 levels.

Geo-political risks as well as worse than expected GDP data from Germany created downward pressures on the GER40. Gains in the Insurance, Software and Food & Beverages sectors led shares higher while losses in the Media, Construction and Consumer & Cyclical sectors led shares lower.

Technical analysis

Ger 40 Index Analysis Technical analysis 22/11/2024
Time Frame: 1 hour

GER40 Support & Resistance Table - 22/11/2024

Support & Resistance Level Explanation
Resistance 2 19343.1 Daily R2
Resistance 1 19261.2 Daily R1
Support 1 19042.8 Daily S1
Support 2 18960.9 Daily S2

GER40 Indicator Table - 22/11/2024

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

GER40 Indicator / Period Table - 22/11/2024

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

GER40 22/11/2024 - Reference Price : 19179.0

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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