FRA:29GI - Deutsche Boerse Ag - IE000IHURBR0 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to 29GI. Although 29GI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, 29GI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
5.04
We found 1 important support area.
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 29GI.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 29GI.DE is up. |
ChartMill Relative Strength | 58.07 | NEUTRAL | 29GI.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 29GI.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 29GI.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 29GI.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.17 | NEUTRAL | The RSI value for 29GI.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 29GI.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 92.8 | OVERBOUGHT | The high Stochastics value suggests 29GI.DE may be overbought. |
Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for 29GI.DE suggests low volalility. |
Average Directional Index/ADX (14) | 9 | NEGATIVE | The low ADX value for 29GI.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 |
---|---|---|---|
5.22 | 5.16 | 0.06 (1.11%) | 25.00% |
An entry @5.22. This is a Buy Stop order right above the 10 day high. | An exit @5.16. 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 1.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
FRA:29GI (6/2/2025, 7:00:00 PM)
5.2054
+0 (+0.02%)