BNP PAR ENHANCED COPPER ER (0GZB.DE) Stock Technical Analysis
FRA:0GZB - Deutsche Boerse Ag - DE000PZ9REC4 - ETF - Currency: EUR
Taking everything into account, 0GZB scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, 0GZB is a bad performer.
Besides having an excellent technical rating, 0GZB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 97.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.07, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
82.48
When analyzing the support we can see 5 important areas.
- A support zone ranging from 91.35 to 92.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.94 from a horizontal line in the weekly time frame.
- Support @87.47 from a horizontal line in the daily time frame.
- Support @85.50 from a trend line in the daily time frame.
- Support @83.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 97.67 to 98.86. 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 0GZB.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 0GZB.DE is up. |
| ChartMill Relative Strength | 24.4 | NEGATIVE | 0GZB.DE has a low relative strength, it was outperformed by 75.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 0GZB.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 0GZB.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for 0GZB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests 0GZB.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.54 | OVERBOUGHT | The high Stochastics value suggests 0GZB.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for 0GZB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 9.58 | NEGATIVE | The low ADX value for 0GZB.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 |
|---|---|---|---|
| 95.72 | 91.34 | 4.38 (4.58%) | 21.85% |
| An entry @95.72. This is a Buy Stop order right above the 10 day high. | An exit @91.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.38 points, which is 4.58%. | For a 1.00% total portfolio risk, you can invest 21.85% of your capital in this trade. |
- 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:0GZB (7/10/2025, 7:00:00 PM)
93.255
-2.45 (-2.57%)