FRA:18MM - Deutsche Boerse Ag - LU1602144906 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to 18MM. 18MM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
18MM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 630.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 623.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
543.90
We found 2 important support areas.
When analyzing the resistance we notice 2 important 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 | NEUTRAL | NEUTRAL | The short term trend for 18MM.DE is neutral. |
ChartMill Relative Strength | 49.72 | 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) | DOWN | MIXED | The current price of 18MM.DE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.18 | NEUTRAL | The RSI value for 18MM.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests 18MM.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 46.24 | NEUTRAL | The Stochastics value for 18MM.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for 18MM.DE suggests low volalility. |
Average Directional Index/ADX (14) | 10.89 | NEGATIVE | The low ADX value for 18MM.DE suggests a weak or negative trend. |
FRA:18MM (7/17/2025, 7:00:00 PM)
626.8
+11.6 (+1.89%)