ISHARES NSDQ US BIOTECH UCIT (2B70.DE) Stock Technical Analysis
Europe - FRA:2B70 - IE00BYXG2H39 - ETF
Overall 2B70 gets a technical rating of 8 out of 10. 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.
2B70 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.13 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.81 to 5.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.66 to 6.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 69.64 | 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) | UP | POSITIVE | The current price of 2B70.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.09 | NEUTRAL | The RSI value for 2B70.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 2B70.DE has a negative trend. |
| Stochastics (14,3) | 64.99 | NEUTRAL | The Stochastics value for 2B70.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for 2B70.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for 2B70.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 |
|---|---|---|---|
| 6.67 | 6.53 | 0.14 (2.10%) | 25.00% |
| An entry @6.67. This is a Buy Stop order right above the 10 day moving average. | An exit @6.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 2.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of 2B70. Please evaluate whether better entry and exit points can be found.
- 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 (11/7/2025, 7:00:00 PM)
6.584
-0.12 (-1.76%)
ISHARES NSDQ US BIOTECH UCIT / 2B70.DE FAQ
Can you provide the ChartMill technical rating for ISHARES NSDQ US BIOTECH UCIT?
ChartMill assigns a technical rating of 8 / 10 to 2B70.DE.
What is the current trend direction of ISHARES NSDQ US BIOTECH UCIT (2B70.DE) stock?
The current trend direction for ISHARES NSDQ US BIOTECH UCIT (2B70.DE) is Bullish.
Can you provide the RSI signal for ISHARES NSDQ US BIOTECH UCIT?
ISHARES NSDQ US BIOTECH UCIT (2B70.DE) has an RSI value of 56.0892. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ISHARES NSDQ US BIOTECH UCIT?
The short term momentum for ISHARES NSDQ US BIOTECH UCIT (2B70.DE) is positive.
What is the support and resistance level for 2B70 stock?
ISHARES NSDQ US BIOTECH UCIT (2B70.DE) has a support level at 6.25 and a resistance level at 6.66. Check the full technical report for our detailed analysis of 2B70.DE support and resistance levels.