Free DAXSECTOR RETAIL TR (CXPRX) Technical Analysis Signals

Overal Signal
Buy
Signals
Buy Buy Hold Hold
Last Update / Period
03 May / Daily
Category/Currency
Indexes/EUR
Exchange/Country
GER/--

DAXSECTOR RETAIL TR (CXPRX) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of DAXSECTOR RETAIL TR (CXPRX), considering 256 signals with intricate details. Here are the key findings: 139 signals suggested buy strategies, while 24 indicated sell strategies. The remaining 93 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 36
Sell Signals: 11
Neutral Signals: 17
Result: This strategy leads to a Buy position.

Strategy 2:
Buy Signals: 33
Sell Signals: 3
Neutral Signals: 28
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 35
Sell Signals: 5
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 35
Sell Signals: 5
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 139
Sell Signals: 24
Neutral Signals: 93
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your DAXSECTOR RETAIL TR (CXPRX) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for DAXSECTOR RETAIL TR (CXPRX) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

DAXSECTOR RETAIL TR (CXPRX) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

DAXSECTOR RETAIL TR (CXPRX) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 7.01%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **DAXSECTOR RETAIL TR (CXPRX)** holdings.

DAXSECTOR RETAIL TR (CXPRX) Price Analysis and Resistance Levels:

Given our current long position in DAXSECTOR RETAIL TR (CXPRX), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (333.44): The primary hurdle we face is the 333.44 price level. If the current trend remains unchanged, DAXSECTOR RETAIL TR (CXPRX) could break above this level, signaling its strength and potential for further growth.

Second resistance level (342.47): If the upward trend continues with significant strength, we may see DAXSECTOR RETAIL TR (CXPRX) cross the second resistance level at 342.47, indicating a major upside move and a promising direction for our position.

It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading DAXSECTOR RETAIL TR (CXPRX), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

DAXSECTOR RETAIL TR (CXPRX) technical analysis chart

DAXSECTOR RETAIL TR (CXPRX) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 333.44 342.47 -- -- --
Support 293.62 272.74 259.49 211.56 208.39
 DAXSECTOR RETAIL TR (CXPRX) Support and Resistance area (03 May)  DAXSECTOR RETAIL TR (CXPRX) Support and Resistance area (03 May)

DAXSECTOR RETAIL TR (CXPRX) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

DAXSECTOR RETAIL TR (CXPRX) candlestick patterns on 03 May

Today's DAXSECTOR RETAIL TR (CXPRX) Candle Patterns List:

Closing Marubozu Long Line Candle

DAXSECTOR RETAIL TR (CXPRX) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Buy BuyHoldHoldHold
2 30 Apr Sell SellHoldHoldHold
3 29 Apr Hold NeutralHoldHoldHold
4 28 Apr Hold HoldHoldHoldHold
5 25 Apr Hold HoldHoldHoldHold
6 24 Apr Hold HoldHoldHoldHold
7 23 Apr Hold HoldHoldHoldHold
8 22 Apr Hold HoldHoldHoldHold
9 17 Apr Buy HoldHoldHoldBuy
10 16 Apr Hold HoldHoldHoldNeutral
11 15 Apr Buy HoldHoldBuyNeutral
12 14 Apr Hold HoldBuyNeutralHold
13 11 Apr Hold HoldHoldHoldHold
14 10 Apr Buy BuyHoldHoldHold
15 09 Apr Hold HoldHoldHoldHold
16 08 Apr Hold HoldHoldHoldHold
17 07 Apr Hold HoldHoldHoldHold
18 04 Apr Hold HoldHoldHoldHold
19 03 Apr Sell SellHoldHoldHold
20 02 Apr Hold NeutralHoldHoldHold
21 01 Apr Hold HoldHoldHoldHold
22 31 Mar Hold HoldHoldHoldHold
23 28 Mar Sell SellSellHoldHold
24 27 Mar Buy BuyNeutralHoldHold
25 26 Mar Hold NeutralNeutralHoldHold
26 25 Mar Hold NeutralNeutralHoldHold
27 24 Mar Hold HoldHoldHoldHold
28 21 Mar Sell SellHoldHoldHold
29 20 Mar Sell NeutralSellHoldHold
30 19 Mar Hold HoldNeutralHoldHold

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