ISHARES NSDQ US BIOTECH UCIT (2B70.DE) Stock Technical Analysis
FRA:2B70 - Deutsche Boerse Ag - IE00BYXG2H39 - ETF - Currency: EUR
Overall 2B70 gets a technical rating of 0 out of 10. 2B70 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 2B70 is a bad performer in the overall market: 88% of all stocks are doing better.
2B70 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 2B70 is lagging the market.
In the last month 2B70 has a been trading in the 5.01 - 5.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
2B70 has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
4.80
6.61
2 important support areas can be observed.
- Support @4.96 from a horizontal line in the weekly time frame.
- Support @4.85 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.24 to 5.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.44 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.13 to 6.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.35 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 | NEUTRAL | NEUTRAL | The short term trend for 2B70.DE is neutral. |
| ChartMill Relative Strength | 12.77 | NEGATIVE | 2B70.DE has a low relative strength, it was outperformed by 87.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 2B70.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 2B70.DE is below a declining 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) | 46.46 | NEUTRAL | The RSI value for 2B70.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests 2B70.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.11 | NEUTRAL | The Stochastics value for 2B70.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for 2B70.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.75 | 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 (5/30/2025, 7:00:00 PM)
5.222
-0.11 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.06%
1 Week0.04%
2 Weeks-0.72%
1 Month-4.5%
3 Month-16.26%
6 Month-18.24%
12 Month-11.05%
2 Year-4.53%
3 Year5.05%
5 Year-1.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%2.25%
ATR Inc28.96%
Range Today0.14
ADR(20)0.1
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.77
Mansfield-1.64
10 Day High5.36
10 Day Low5.16
20 Day High5.46
20 Day Low5.01
52 Week High6.74
52 Week Low4.7
CS1 End4.96
CR1 Start5.24
Volume & EV
DER(3)0%
DER(5)0%
Volume182.01K
Volume Incr-30.55%
Vol(5)66.30K
Vol(50)85.33K