The GER40 fell 0.7% on Friday. Winners and losers were evenly split on the German equity benchmark. The biggest winners were MTU Aero, Airbus, and HelloFresh. The biggest losers were Volkswagen, Porsche, and Daimler. Germany’s PPI for November rose 0.8%, Month-over-Month, and climbed 19.2%, Year-over-Year. The consensus forecasts were 1.4% and 19.2%, respectively. The German Ifo Business Climate Index for December printed at 96.9. Analysts had expected 97.5.
Ger 40 Index Analysis
EU Session Analysis for CFD Instruments 20/12/2021
Technical analysis
Time Frame: 1 hour
GER40 Support & Resistance Table - 20/12/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 15334.4 | Daily R2 |
Resistance 1 | 15279.8 | Daily R1 |
Support 1 | 15134.2 | Daily S1 |
Support 2 | 15079.6 | Daily S2 |
GER40 Indicator Table - 20/12/2021
Indicator | Signal |
SMA 20 | Sell |
SMA 50 | Sell |
SMA 100 | Sell |
MACD( 12;26;9) | Sell |
RSI (14) | Sell |
Stochastic ( 9;6;3) | Sell |
GER40 Indicator / Period Table - 20/12/2021
Indicator / Period | Day - Sell | Week - Sell | Month - Sell |
MACD( 12;26;9) | Sell | Sell | Buy |
RSI (14) | Sell | Sell | Sell |
SMA 20 | Sell | Sell | Sell |
GER40 20/12/2021 - Reference Price : 15207.0
Sell |
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