CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 all your money. Read full risk warning.

Ger 30 Index Analysis

US Session Analysis for CFD Instruments 12/05/2021

Fundamental analysis

12 May, 2021

German and European stock markets mostly traded slightly higher Wednesday, with the FTSE 100 outperforming after better-than-expected U.K. growth data, although moves are limited ahead of key U.S. inflation data. Commerzbank stock rose 6.9% after the German lender swung to a first quarter profit, beating expectations, and Bayer stock climbed 3.2% after the German pharmaceutical giant reported a rise in net profit and upheld its outlook for the year.

Technical analysis

Ger 30 Index Analysis Technical analysis 12/05/2021
Time Frame: 1 hour

GER30 Support & Resistance Table - 12/05/2021

Support & Resistance Level Explanation
Resistance 2 15336.6 Daily R2
Resistance 1 15269.3 Daily R1
Support 1 15089.7 Daily S1
Support 2 15022.4 Daily S2

GER30 Indicator Table - 12/05/2021

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

GER30 Indicator / Period Table - 12/05/2021

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

GER30 12/05/2021 - Reference Price : 15179.5

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