FRA:18MM - Deutsche Boerse Ag - LU1602144906 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to 18MM. In the last year, 18MM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
18MM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 618.60, a Stop Loss order could be placed below this zone.
543.90
We found 2 important support areas.
We can see 2 important resistance areas.
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 18MM.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 18MM.DE is up. |
ChartMill Relative Strength | 55.59 | NEUTRAL | 18MM.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 18MM.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 18MM.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 18MM.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for 18MM.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests 18MM.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for 18MM.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for 18MM.DE suggests low volalility. |
Average Directional Index/ADX (14) | 22.32 | NEUTRAL | The ADX value for 18MM.DE suggests a possible start of a new 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 |
---|---|---|---|
630.31 | 616.04 | 14.27 (2.26%) | 25.00% |
An entry @630.31. This is a Buy Stop order right above the resistance zone. | An exit @616.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.27 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
FRA:18MM (5/30/2025, 7:00:00 PM)
620.8
+5.3 (+0.86%)