
FRA:2B70 • IE00BYXG2H39
We assign a technical rating of 6 out of 10 to 2B70. Although 2B70 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, 2B70 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.35, a Stop Loss order could be placed below this zone.
6.72
We found 2 important support areas.
We found 1 important resistance 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 2B70.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2B70.DE is up. |
| ChartMill Relative Strength | 63.01 | NEUTRAL | 2B70.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2B70.DE is above a declining 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) | UP | POSITIVE | The current price of 2B70.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.99 | NEUTRAL | The RSI value for 2B70.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 2B70.DE has a positive trend. |
| Stochastics (14,3) | 89.36 | OVERBOUGHT | The high Stochastics value suggests 2B70.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for 2B70.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 7.65 | NEGATIVE | The low ADX value for 2B70.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 |
|---|---|---|---|
| 7.50 | 7.13 | 0.37 (4.88%) | 20.49% |
| An entry @7.50. This is a Buy Stop order right above the resistance zone. | An exit @7.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.37 points, which is 4.88%. | For a 1.00% total portfolio risk, you can invest 20.49% of your capital in this trade. |
FRA:2B70 (2/19/2026, 5:29:01 PM)
7.404
+0 (+0.01%)
ChartMill assigns a technical rating of 6 / 10 to 2B70.DE.
The current trend direction for ISHARES NSDQ US BIOTECH UCIT (2B70.DE) is Bullish.
ISHARES NSDQ US BIOTECH UCIT (2B70.DE) has an RSI value of 57.9892. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES NSDQ US BIOTECH UCIT (2B70.DE) has a value of 0.00680882, indicating a bearish trend.
The buy/sell signal for ISHARES NSDQ US BIOTECH UCIT (2B70.DE) is buy as both the short term and long term trends are positive.