WT GOLD - EUR DAILY HEDGED (00XN.DE) Stock Technical Analysis
FRA:00XN - Deutsche Boerse Ag - JE00B4RKQV36 - ETF - Currency: EUR
Taking everything into account, 00XN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 00XN is showing a nice and steady performance.
00XN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 11.18, a Stop Loss order could be placed below this zone.
More info and screens
10.40
We found 2 important support areas.
- A support zone ranging from 11.08 to 11.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.50 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @11.74 from a horizontal line in the weekly time frame.
- Resistance @12.02 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for 00XN.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 00XN.DE is up. |
| ChartMill Relative Strength | 95.29 | POSITIVE | 00XN.DE has a high relative strength, it outperformed 95.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 00XN.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 00XN.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 00XN.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | NEUTRAL | The RSI value for 00XN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests 00XN.DE has a negative trend. |
| Stochastics (14,3) | 70.97 | NEUTRAL | The Stochastics value for 00XN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for 00XN.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for 00XN.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.75 | 11.03 | 0.72 (6.14%) | 16.30% |
| An entry @11.75. This is a Buy Stop order right above the resistance zone. | An exit @11.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.72 points, which is 6.14%. | When investing 16.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:00XN (5/30/2025, 7:00:00 PM)
11.495
-0.08 (-0.73%)