DAX Index Sep '24 Futures Snapshot Chart - Barchart.com (2024)

When first displayed, a Technical Chart contains six months' worth of Daily price activity with the open, high, low, and close for each bar presented in a display box above the chart. Each data point can be viewed by moving your mouse through the chart.

The vertical bars below the chart representVolumeand are color-coded to indicate market activity for the day:

  • An up day (where the price is greater than the previous price) will show agreen bar.
  • A down day (where the price is less than the previous price) will show ared bar.
  • When the price is unchanged compared to the previous price, Volume will show as ablue bar.

On futures charts, the horizontalpurple lineabove the Volume bars represents Open Interest.

Technical Chartshave the option to createSpread Charts, with the ability to choose from a number of common spreads (such as Corn 1-2, Soybeans Crush, and Wheat Butterfly), or allowing you to enter your own custom spread calculation (supporting all futures, equities, index and forex symbols).

Barchart Symbol Notes Tutorial(8:43)

Chart Settings

A chart form resides below the chart. This is where you can change the symbol, style, time frame, and other chart settings. If you are logged in to your My Barchart account, you will also see a drop-down list for any Chart Templates you've previously saved. Simply select one from the list and the settings on the template will be applied to the current chart.

Basic Chart

  • Bar Type - choose from OHLC Bars, Candlesticks, Hollow Candlesticks, Line or Area
  • Volume On- displays or hides the volume for the symbol.
  • Time Frame- determines the period (Frequency) and amount of data that will be displayed on the chart (Time Period and Start/End Dates).
    • ForFrequency, choose from Intraday, Daily, Weekly, or Monthly.
    • forCommodity Contracts, you may also select a chart for the Contract,Nearby Futures Contract, or a Continuationchart

      Nearby Futures and Continuation Charts
      Commodity charts have three additional frequencies for Daily, Weekly and Monthly data: Contract, Nearby, and Continuation.

    • Daily/Weekly/Monthly Contract will plot prices for that specific contract
      • Daily/Weekly/MonthlyNearby Futureswill use whatever contract was the nearest futures contract on the date of the given bar. The Price Box at the top shows the contract that was used to build the corresponding bar
      • Daily/Weekly/MonthlyContinuation Chartwill always use the same MONTH specified in the chart form to build the given bar. The Price Box at the top shows the contract that was used (in this case, December, or Z)
      • The information is back-dated to the start of the period, so on a 5-minute chart information in the period dated 12:45 includes all trades between 12:45 and 12:49 inclusive. A trade at 13:00 would be included within the next bar dated 13:00.
    • A defaultTime Periodis set based on your Frequency setting. For example, an Intraday chart will use a Time Period of 3 Days, while a Daily chart uses a Time Period of 6 Months. You may change the Time Period to increase or decrease the density of the bars displayed on the chart. The longer the time frame, the closer together the individual bars. The shorter the time frame, the more distance between the bars.
    • You may override or further define the Time Period, or generate a historical chart, by entering aStart and End Datefor the data. For example, you can get a Daily chart with 6 months of data from one year ago by entering an End Date from one year back.
  • Display Settings- further define what the chart will look like.
    • Price Box- when checked, displays a "Data View" window as you mouse-over the chart, showing OHLC for the bar, and all indicator values for the given bar.
    • Price Scale - when on, scale on the right of the chart shows prices.
    • % Change Scale - when on, scale on the right of the chart shows the percent change from the open.
    • Linear Scale- when on, scaling will calculate the most intelligent scale using the high, the low and a series of acceptable divisors for possible scales.
    • LogarithmicScale - when on, uses logarithmic scaling instead of the linear scaling.

Spread Chart

Spread Charts allow you to choose from a number of common commodity spread chart calculations. You may also create your own custom spread chart by selecting up to three commodity contracts and multipliers, or by entering your own custom spread expression. The calculated results are displayed as a line chart.

Expression: shows the calculation used to create the chart. When you select a Common Spread from the drop-down list, or when you create a Futures Spread using the fields on the form, the Expression is built automatically for you.

If you want to create your own custom Expression, you can enter the calculation directly into the Expression field. Valid syntax for an Expression calculation includes the use of addition (+), subtraction (-), multiplication (*) and division (/) between each leg. Calculations are performed from left to right, unless you change the order of the calculation using parentheses. Examples:

IBM-DELLsubtracts the last price of DELL from IBM.
2*IBM+DELLmultiplies IBM by two, then adds the price of DELL.
2*DELL/3+IBMmultiplies DELL by two, then divides by three, then adds IBM.
(2*DELL)/(3+IBM)multiplies DELL by two, then divides the result by the sum of three plus IBM.
$DXY-$SPXsubtracts the S&P 500 Index from the Dollar Index.
^USDCAD+^CADAUDadds the Canadian Dollar/Australian Dollar to the US Dollar/Canadian Dollar.

Note for Futures Contracts:Barchart's charting application commonly uses the * symbol on futures contracts as a shortcut to specify the month. For example, ZC*1 will return the front month, ZC*2 returns the second month out, ZC*3 returns the third month out, etc. When creating a custom expression using futures contracts, you must use parentheses to group the order of the calculation in the expression:

(ZC*1+ZC*2+ZC*3)/3will add the front, second and third months for Corn, then divide the result by three.
(ZCZ0+ZCH11+ZCK11)/3will add December 2010 Corn, March 2011 Corn and May 2011 Corn together, then divide the results by three.
(ZC*1)*2+(ZC*3)*2will multiply the front month for Corn by 2, then add the result to the (third month out for Corn multiplied by two).
ZC*2*4will take the second month out for Corn and multiply the price by 4.

Common Spreads: choose from a number of common commodity spreads. (the expression will be displayed once you've made a selection from the list.)

  • Create a Futures Spread: select up to three different commodities, including the month, year, multiplier and function (+ - / *) between the second and third leg. The expression will be built and displayed in theExpressionfield as you enter the different legs of the spread.

Comparison Chart

Select up to three symbols to compare against. This will generate a chart with the price data of the symbols overlaid. To produce a chart of percent changes between symbols, check the Percent Change box. The colors of the boxes (green, purple, red) indicate the color of the line that will be drawn on the chart for the symbol. You may also indicate whether to display that symbol's price scale on the left side of the chart (by default, prices will all display on the right side).

Studies / Parameters

Select the indicators you wish to add to the chart. To remove an indicator, click the red "delete" icon. To change an indicator's parameters, click on the indicator name.

  • Non-registered users are limited to 8 studies on a chart.
  • Logged in "My Barchart" users are limited to 15 studies.
  • Barchart Plus and Barchart Premier users are limited to 25 studies.

Note: Snapshot charts are limited to display 5,000 historical data points on any chart.

DAX Index Sep '24 Futures Snapshot Chart - Barchart.com (2024)

FAQs

What are DAX index futures? ›

Futures on DAX are bought and sold every trading day on the Eurex exchange. The value of a DAX futures contract is equivalent to 25 times the current price of the contract in euros. The settlement date is always the third Friday of the respective contract month (March, June, September and December).

What is the name of the DAX 30 index? ›

The German stock index DAX 30 (GER30) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange.

How does the DAX Index work? ›

The DAX is a German blue-chip stock market index that tracks the performance of the 40 largest companies trading on the Frankfurt Stock Exchange. Xetra is an electronic trading system that provides the prices used to calculate the DAX index.

What does index futures tell us? ›

Futures look into the future to "lock in" a future price or try to predict where something will be in the future; hence the name. Since there are futures on the indexes (S&P 500, Dow 30, NASDAQ 100, Russell 2000) that trade virtually 24 hours a day, we can watch the index futures to get a feel for market direction.

What is the meaning of DAX in English? ›

Meaning of the DAX in English

abbreviation for Deutscher Aktien-Index 30: a share index (= a system used to show changes in the total value of shares in a number of companies) in 30 leading German companies on the Frankfurt stock market: The DAX closed down 1.30% yesterday.

Which country uses the DAX index? ›

What is the DAX Stock Index? The DAX (Deutscher Aktien Index) is a stock index based out of Germany that represents the 30 biggest German companies that trade on the Frankfurt Exchange.

What does DAX stand for? ›

Data Analysis Expressions (DAX) is a library of functions and operators that can be combined to build formulas and expressions in Power BI, Analysis Services, and Power Pivot in Excel data models.

What are the two types of DAX? ›

The two types of DAX are calculated columns and measures. Calculated columns are created by using a DAX formula to derive a new column based on an existing column in the table. Measures, on the other hand, are used to aggregate data and perform calculations on a dataset.

What does DAX mean in trading? ›

The DAX (Deutscher Aktienindex (German stock index); German pronunciation: [daks]) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index.

What is the symbol for DAX futures? ›

DAX Index Sep '24 (DYU24)
Barchart SymbolDY
Exchange SymbolFDAX
ContractDAX Futures
ExchangeEUREX
Tick Size1 points (EUR 25 per contract)
8 more rows

What is the DAX trading strategy? ›

The basic principle of trend following is to buy an asset when its price is rising, and to sell it when its price is falling. This strategy can be applied to the DAX by identifying the long-term trend of the index and then buying or selling accordingly.

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