(VIANEWS) – DAX PERFORMANCE-INDEX (GDAXI) is currently on bearish momentum. At 16:10 EST on Tuesday, 25 January, DAX PERFORMANCE-INDEX (GDAXI) is at 15,123.87, 3.08% down since the last session’s close.
DAX PERFORMANCE-INDEX Range
About DAX PERFORMANCE-INDEX’s daily highs and lows, it’s 1.14% up from its trailing 24 hours low of $14,952.70 and 2.97% down from its trailing 24 hours high of $15,587.40.
About DAX PERFORMANCE-INDEX’s yearly highs and lows, it’s 13.62% up from its 52-week low and 7.16% down from its 52-week high.
DAX PERFORMANCE-INDEX’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.36%, a negative 0.10%, and a positive 0.75%, respectively.
DAX PERFORMANCE-INDEX’s highest amplitude of average volatility was 0.96% (last week), 0.77% (last month), and 0.75% (last quarter), respectively.
Index Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DAX PERFORMANCE-INDEX’s is considered to be overbought (>=80).
News about S&P 500
- According to Bloomberg Quint on Sunday, 23 January, "On average, strategists project that the S&P 500 will finish 2022 at 4,982, 13% above Friday’s closing level, according to data complied by Bloomberg. ", "The S&P 500 Materials Index, for instance, averaged a gain of 9.3% three months before the first rate hike in those four cycles, but then slipped by 2% three months after."
- According to The Wall Street Journal on Sunday, 23 January, "Selling also broadened to include sectors such as banking and energy, sending the S&P 500 to its worst stretch of declines since the onset of the Covid-19 pandemic."
- According to The Wall Street Journal on Saturday, 22 January, "Overall, about a fifth of the S&P 500 and nearly half of the Dow Jones Industrial Average are expected to provide their quarterly updates during the week starting Monday, according to FactSet."
- According to FXStreet on Monday, 24 January, "Against this backdrop, the US 10-year Treasury yields rose 1.8 basis points (bps) to 1.767%, after posting the first weekly decline in five, whereas the S&P 500 Futures rise 0.30% while licking the previous week’s wounds amid the mostly quiet session."
- According to CNBC on Sunday, 23 January, "The S&P 500 lost 5.7% last week and closed below its 200-day moving average, a key technical level, for the first time since June 2020. ", "While more than 70% of S&P 500 companies that have reported results have topped Wall Street estimates, a couple of key firms let down investors last week, including Goldman Sachs and Netflix."
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