Based on the data from VDAX we can see that currently the IV for this week is at 18.97%, equal to last week. This can be translated in +/- 2.63% weekly movement from the open of the candle, which makes the next top/bot channel TOP: 15466 BOT: 14673 The probability to break this channel(aka the close of the weekly is going to end up either above/below this channel) is at 79% with the last 20 years of data 89% with data since 2022
From the technical rating analysis point of view we can deduct the next information: Currently there is a : 73% to touch the previous weekly high 26% to touch the previous weekly low
At the same time if we are going to take a look at the moving average rating for different timeframes we can see : 4H Timeframe: -13% Bearish Trend D Timeframe: +66% Bullish Trend W Timeframe: +80% Bullish Trend
Lastly on average, based on the current percentile, we can expect that our asset is going to move: 1.87% from the open to the close candle for the bullish scenario 2.37% from the open to the close candle for the bearish scenario