DAX PERFORMANCE-INDEX (GDAXI) is currently on bullish momentum. At 04:08 EST on Tuesday, 18 May, DAX PERFORMANCE-INDEX (GDAXI) is at 15,452.10, 2.33% up since the last session’s close.
DAX PERFORMANCE-INDEX Range
Regarding DAX PERFORMANCE-INDEX’s daily highs and lows, it’s 4.29% up from its trailing 7 days low of $14,816.30 and 0.19% down from its trailing 7 days high of $15,482.20.
About DAX PERFORMANCE-INDEX’s yearly highs and lows, it’s 52.07% up from its 52-week low and 0.55% down from its 52-week high.
DAX PERFORMANCE-INDEX’s last week, last month’s, and last quarter’s current volatility was a positive 0.65%, a negative 0.02%, and a positive 0.69%, respectively.
DAX PERFORMANCE-INDEX’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.65% (last week), 0.85% (last month), and 0.69% (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 oversold (<=20).
News about S&P 500
According to FX Empire on Sunday, 16 May, "In the cash market, the benchmark S&P 500 Index settled at 4173.85, up 61.35 or +1.47%. "
According to Bloomberg Quint on Sunday, 16 May, "The group accounts for less than 3% of the S&P 500 after being in the double digits 10 years ago."
According to CNBC on Sunday, 16 May, "Elsewhere, the first-quarter earnings season is wrapping up with more than 90% of the S&P 500 companies having reported their results. ", "Wall Street came off one of the wildest weeks of 2021 that saw the S&P 500 fall 4% through midweek amid heightened inflation fears. "
According to Business Insider on Saturday, 15 May, "Since the names at the top of the S&P 500 make up such a large percentage of the index, the broader market would be dragged down, he said, to the tune of a 10% drop over the next few months. ", "During the last 40 years, investors buying the S&P 500 when the ISM Manufacturing index registered above 60 – typically coinciding with peak growth – have experienced a median return of -1% during the subsequent month and a paltry +3% return during the subsequent year," Kostin wrote."
According to Business Insider on Monday, 17 May, "The Dow jumped 360.73 points or 1.06 percent, while the NASDAQ surged 304.98 points or 2.32 percent to end at 13,429.98 and the S&P 500 spiked 61.35 points or 1.49 percent to close at 4,173.85. "
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