ISHR HEALTHCARE INNOVATION (2B78.DE) Stock Technical Analysis
FRA:2B78 - Deutsche Boerse Ag - IE00BYZK4776 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to 2B78. 2B78's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
81% of all other stocks performed better in the past year than 2B78.
2B78 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
2B78 is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 2B78 is lagging the market slightly.
In the last month 2B78 has a been trading in a tight range between 6.34 and 6.62.
Although the technical rating is bad, 2B78 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.50, a Stop Loss order could be placed below this zone.
More info and screens
5.91
7.68
We found 2 important support areas.
- A support zone ranging from 6.40 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.51 to 6.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.06 from a horizontal line in the daily time frame.
- Resistance @7.30 from a horizontal line in the daily time frame.
- Resistance @7.60 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for 2B78.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 2B78.DE is neutral. |
| ChartMill Relative Strength | 19.44 | NEGATIVE | 2B78.DE has a low relative strength, it was outperformed by 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2B78.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 2B78.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 2B78.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.34 | NEUTRAL | The RSI value for 2B78.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 2B78.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.16 | NEUTRAL | The Stochastics value for 2B78.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for 2B78.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 9.74 | NEGATIVE | The low ADX value for 2B78.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:2B78 (6/2/2025, 7:00:00 PM)
6.498
-0.04 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week0.74%
2 Weeks-0.15%
1 Month-1.8%
3 Month-8.56%
6 Month-13.01%
12 Month-6.54%
2 Year-5.15%
3 Year-3.95%
5 Year-3.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.43%
ATR Inc-13.69%
Range Today0.07
ADR(20)0.08
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.44
Mansfield-1.17
10 Day High6.59
10 Day Low6.34
20 Day High6.62
20 Day Low6.34
52 Week High7.86
52 Week Low5.81
CS1 End6.5
CR1 Start6.51
Volume & EV
DER(3)-0.01%
DER(5)-0.01%
Volume145.55K
Volume Incr-3.46%
Vol(5)63.17K
Vol(50)84.53K