FRA:28IY - Deutsche Boerse Ag - IE000Q2EQ5K8 - ETF - Currency: EUR
Overall 28IY gets a technical rating of 7 out of 10. Although 28IY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
28IY has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.94
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 28IY.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 28IY.DE is up. |
ChartMill Relative Strength | 56.05 | NEUTRAL | 28IY.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 28IY.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 28IY.DE is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 67.23 | NEUTRAL | The RSI value for 28IY.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 28IY.DE has a positive trend. |
Stochastics (14,3) | 92.27 | OVERBOUGHT | The high Stochastics value suggests 28IY.DE may be overbought. |
Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for 28IY.DE suggests low volalility. |
Average Directional Index/ADX (14) | 44.77 | POSITIVE | The high ADX value value for 28IY.DE suggests a strong 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 |
---|---|---|---|
5.24 | 5.18 | 0.06 (1.13%) | 25.00% |
An entry @5.24. This is a Buy Stop order right above the resistance zone. | An exit @5.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 1.13%. | For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:28IY (5/30/2025, 7:00:00 PM)
5.2162
0 (-0.01%)