Europe - FRA:18MK - LU1681043086 - ETF
We assign a technical rating of 1 out of 10 to 18MK. 18MK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, 18MK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 869.53. Right above this resistance zone may be a good entry point.
823.97
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for 18MK.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 18MK.DE is neutral. |
ChartMill Relative Strength | 11.88 | NEGATIVE | 18MK.DE has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 18MK.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 18MK.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 18MK.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for 18MK.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.02 | POSITIVE | The MACD value suggests 18MK.DE has a positive trend. |
Stochastics (14,3) | 71.68 | NEUTRAL | The Stochastics value for 18MK.DE is a neutral value. |
Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for 18MK.DE suggests low volalility. |
Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for 18MK.DE suggests a possible start of a new trend. |
FRA:18MK (9/12/2025, 7:00:00 PM)
864.6
+1.9 (+0.22%)