WT WTI CRUDE - EUR DLY HDG (00XM.DE) Stock Technical Analysis
FRA:00XM - Deutsche Boerse Ag - JE00B44F1611 - ETF - Currency: EUR
Taking everything into account, 00XM scores 8 out of 10 in our technical rating. In the last year, 00XM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: 00XM has an average volume of 14354 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
00XM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so 00XM is leading the market.
In the last month 00XM has a been trading in the 2.30 - 2.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that 00XM is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 00XM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.15
2.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.62 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.92 to 2.93. 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 | NEUTRAL | NEUTRAL | The long term trend for 00XM.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 00XM.DE is up. |
| ChartMill Relative Strength | 84.48 | POSITIVE | 00XM.DE has a high relative strength, it outperformed 84.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 00XM.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 00XM.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 00XM.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.65 | OVERBOUGHT | The high RSI value suggests 00XM.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests 00XM.DE has a positive trend. |
| Stochastics (14,3) | 95.1 | OVERBOUGHT | The high Stochastics value suggests 00XM.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for 00XM.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for 00XM.DE suggests a possible start of a new 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:00XM (6/19/2025, 7:00:00 PM)
2.9058
+0.12 (+4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.14%
1 Week12.13%
2 Weeks19.79%
1 Month24.94%
3 Month16.4%
6 Month11.93%
12 Month7.58%
2 Year29.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.47%
ATR Inc18.75%
Range Today0.06
ADR(20)0.05
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield0.77
10 Day High2.91
10 Day Low2.41
20 Day High2.91
20 Day Low2.3
52 Week High2.92
52 Week Low2.1
CS1 End2.66
CR1 Start2.92
Volume & EV
DER(3)0%
DER(5)0%
Volume57.34K
Volume Incr416.08%
Vol(5)43.42K
Vol(50)14.35K