ISHARES NSDQ US BIOTECH UCIT (2B70.DE) Stock Technical Analysis
FRA:2B70 - Deutsche Boerse Ag - IE00BYXG2H39 - ETF - Currency: EUR
Taking everything into account, 2B70 scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. 2B70 was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, 2B70 is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month 2B70 has a been trading in the 5.18 - 5.59 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
Considerably lower volume is observed in the last couple of days.
2B70 has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
4.80
6.61
We found 4 important support areas.
- A support zone ranging from 5.32 to 5.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.22 from a horizontal line in the daily time frame.
- Support @4.96 from a horizontal line in the weekly time frame.
- Support @4.85 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.55 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.01 to 6.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.44 to 6.54. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for 2B70.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2B70.DE is up. |
| ChartMill Relative Strength | 22.69 | NEGATIVE | 2B70.DE has a low relative strength, it was outperformed by 77.31% off all stocks 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 | NEGATIVE | The current price of 2B70.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.44 | NEUTRAL | The RSI value for 2B70.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests 2B70.DE has a positive trend. |
| Stochastics (14,3) | 87.38 | OVERBOUGHT | The high Stochastics value suggests 2B70.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for 2B70.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for 2B70.DE suggests a weak or negative 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)
FRA:2B70 (7/14/2025, 7:00:00 PM)
5.542
+0.03 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week4.08%
2 Weeks5.46%
1 Month2.53%
3 Month10.09%
6 Month-9.09%
12 Month-12.56%
2 Year2.93%
3 Year1.33%
5 Year8.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.45%
ATR Inc19.31%
Range Today0.09
ADR(20)0.08
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.69
Mansfield-1.38
10 Day High5.6
10 Day Low5.18
20 Day High5.6
20 Day Low5.18
52 Week High6.74
52 Week Low4.7
CS1 End5.42
CR1 Start5.55
Volume & EV
DER(3)0%
DER(5)0%
Volume61.21K
Volume Incr-59.21%
Vol(5)81.48K
Vol(50)135.70K