FRA:2B78 - IE00BYZK4776 - ETF
We assign a technical rating of 7 out of 10 to 2B78. Although 2B78 is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although 2B78 has an excellent technical rating, it does not present a decent entry opportunity 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.
5.91
4 important support areas can be observed.
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 2B78.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2B78.DE is up. |
ChartMill Relative Strength | 37.93 | NEUTRAL | 2B78.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2B78.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2B78.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 2B78.DE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.61 | NEUTRAL | The RSI value for 2B78.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 2B78.DE has a positive trend. |
Stochastics (14,3) | 67.97 | NEUTRAL | The Stochastics value for 2B78.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for 2B78.DE suggests low volalility. |
Average Directional Index/ADX (14) | 20.96 | NEUTRAL | The ADX value for 2B78.DE suggests a possible start of a new trend. |
FRA:2B78 (9/3/2025, 3:34:04 PM)
6.968
+0.07 (+1%)