ISHARES NSDQ US BIOTECH UCIT (2B70.DE) Stock Technical Analysis
FRA:2B70 - IE00BYXG2H39 - ETF
5.98 EUR
+0.05 (+0.83%)
Taking everything into account, 2B70 scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, 2B70 is a bad performer.
61% of all other stocks performed better in the past year than 2B70.
The long and short term trends are both positive. This is looking good!
2B70 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 2B70 is lagging the market.
In the last month 2B70 has a been trading in a tight range between 5.79 and 6.03.
2B70 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.97, a Stop Loss order could be placed below this zone.
More info and screens
4.91
6.69
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.89 to 5.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.71 to 5.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.47 to 5.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.25 from a horizontal line in the daily time frame.
- Support @4.96 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.99 to 6.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 6.54 to 6.62. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 2B70.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2B70.DE is up. |
| ChartMill Relative Strength | 39.34 | NEUTRAL | 2B70.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2B70.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2B70.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 2B70.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.62 | NEUTRAL | The RSI value for 2B70.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 2B70.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for 2B70.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for 2B70.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 25.5 | POSITIVE | The high ADX value value for 2B70.DE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 6.05 | 5.88 | 0.17 (2.81%) | 25.00% |
| An entry @6.05. This is a Buy Stop order right above the resistance zone. | An exit @5.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 2.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- 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:2B70 (9/11/2025, 7:00:00 PM)
5.98
+0.05 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.83%
1 Week1.03%
2 Weeks2.17%
1 Month3.17%
3 Month10.64%
6 Month0.27%
12 Month-6.3%
2 Year10.5%
3 Year5.95%
5 Year14.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.26%
ATR Inc13.82%
Range Today0.08
ADR(20)0.07
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.34
Mansfield-0.82
10 Day High6.03
10 Day Low5.8
20 Day High6.03
20 Day Low5.79
52 Week High6.74
52 Week Low4.7
CS1 End5.97
CR1 Start5.99
Volume & EV
DER(3)0%
DER(5)0%
Volume38.29K
Volume Incr18.81%
Vol(5)148.00K
Vol(50)117.92K