AMUNDI ETF MSCI SWITZERLAND (18MN.DE) Stock Technical Analysis
FRA:18MN - Deutsche Boerse Ag - LU1681044993 - ETF - Currency: EUR
Taking everything into account, 18MN scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 18MN is only an average performer.
Although the technical rating is only medium, 18MN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.85, a Stop Loss order could be placed below this zone.
More info and screens
10.75
We found 2 important support areas.
- A support zone ranging from 11.63 to 11.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.86 to 11.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.92 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 18MN.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 18MN.DE is up. |
| ChartMill Relative Strength | 49.75 | NEUTRAL | 18MN.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 18MN.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 18MN.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 18MN.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.49 | NEUTRAL | The RSI value for 18MN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 18MN.DE has a negative trend. |
| Stochastics (14,3) | 58.82 | NEUTRAL | The Stochastics value for 18MN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for 18MN.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 12.55 | NEGATIVE | The low ADX value for 18MN.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 |
|---|---|---|---|
| 11.93 | 11.69 | 0.23 (1.97%) | 25.00% |
| An entry @11.93. This is a Buy Stop order right above the 10 day moving average. | An exit @11.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 1.97%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- 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:18MN (6/2/2025, 7:00:00 PM)
11.894
0 (0%)