FRA:18MM - LU1602144906 - ETF
Overall 18MM gets a technical rating of 3 out of 10. 18MM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, 18MM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 624.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 623.36, a Stop Loss order could be placed below this zone.
543.90
2 important support areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for 18MM.DE is down. |
ChartMill Relative Strength | 29.64 | NEGATIVE | 18MM.DE has a low relative strength, it was outperformed by 70.36% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 18MM.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of 18MM.DE is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 18MM.DE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for 18MM.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests 18MM.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 57.57 | NEUTRAL | The Stochastics value for 18MM.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for 18MM.DE suggests low volalility. |
Average Directional Index/ADX (14) | 8.51 | NEGATIVE | The low ADX value for 18MM.DE suggests a weak or negative trend. |
FRA:18MM (9/9/2025, 7:00:00 PM)
624
-0.1 (-0.02%)