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 8 out of 10 to 00XL. Although 00XL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: 00XL has an average volume of 4869 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
00XL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
00XL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that 00XL is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
00XL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.80
9.29
4 important support areas can be observed.
- A support zone ranging from 8.16 to 8.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.93 to 7.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.18 to 7.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.87 to 6.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.17 to 9.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for 00XL.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 00XL.DE is up. |
| ChartMill Relative Strength | 77.69 | POSITIVE | 00XL.DE has a high relative strength, it outperformed 77.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 00XL.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 00XL.DE is above the rising 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) | 70.27 | OVERBOUGHT | The high RSI value suggests 00XL.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests 00XL.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests 00XL.DE may be overbought. |
| 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) | 29.09 | POSITIVE | The high ADX value value for 00XL.DE suggests a strong 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 (7/18/2025, 7:00:00 PM)
9.1635
+0.15 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.69%
1 Week0.34%
2 Weeks10.56%
1 Month15.39%
3 Month17.35%
6 Month23.96%
12 Month16.47%
2 Year31.79%
3 Year45.89%
5 Year68.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.99%
ATR Inc-36.47%
Range Today0.07
ADR(20)0.1
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.69
Mansfield1.09
10 Day High9.25
10 Day Low8.18
20 Day High9.25
20 Day Low7.97
52 Week High9.25
52 Week Low6.76
CS1 End8.41
CR1 Start9.17
Volume & EV
DER(3)0%
DER(5)0%
Volume5.06K
Volume Incr-7.68%
Vol(5)5.94K
Vol(50)4.87K