WT COPPER - EUR DAILY HEDGED (00XL.DE) Stock Technical Analysis
FRA:00XL - Deutsche Boerse Ag - JE00B4PDKD43 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to 00XL. 00XL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
67% of all other stocks performed better in the past year than 00XL.
Warning: 00XL has an average volume of 8168 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 00XL has a been trading in the 7.49 - 8.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
00XL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 00XL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, 00XL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.16
8.72
We found 3 important support areas.
- A support zone ranging from 7.11 to 7.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.80 to 6.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.22 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.75 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.93 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.59 to 8.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 00XL.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 00XL.DE is down. |
| ChartMill Relative Strength | 33.54 | NEUTRAL | 00XL.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 00XL.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 00XL.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 00XL.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.13 | NEUTRAL | The RSI value for 00XL.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 00XL.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.29 | NEUTRAL | The Stochastics value for 00XL.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for 00XL.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for 00XL.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:00XL (5/30/2025, 7:00:00 PM)
7.72
-0.01 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week-2.56%
2 Weeks1.87%
1 Month1.07%
3 Month1.21%
6 Month10.92%
12 Month-4.85%
2 Year22.3%
3 Year1%
5 Year71.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.99%
ATR Inc-44.86%
Range Today0.05
ADR(20)0.12
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.54
Mansfield-0.09
10 Day High8.04
10 Day Low7.6
20 Day High8.04
20 Day Low7.49
52 Week High8.9
52 Week Low6.76
CS1 End7.18
CR1 Start7.75
Volume & EV
DER(3)0%
DER(5)0%
Volume1.48K
Volume Incr79.39%
Vol(5)5.00K
Vol(50)8.17K