WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) Stock Technical Analysis
FRA:2CAR - XS2427363895 - ETF
17.339 EUR
-0.23 (-1.29%)
Taking everything into account, 2CAR scores 3 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. 2CAR was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than 2CAR.
2CAR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: 2CAR has an average volume of 393 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 2CAR has a been trading in the 15.39 - 19.50 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.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, 2CAR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
15.24
19.17
We found 3 important support areas.
- Support @16.33 from a trend line in the weekly time frame.
- Support @15.98 from a trend line in the daily time frame.
- A support zone ranging from 15.39 to 15.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.37 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.41 to 18.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.98 to 18.98. 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 2CAR.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2CAR.DE is up. |
| ChartMill Relative Strength | 14.14 | NEGATIVE | 2CAR.DE has a low relative strength, it was outperformed by 85.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2CAR.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2CAR.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.59 | NEUTRAL | The RSI value for 2CAR.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests 2CAR.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.7 | NEUTRAL | The Stochastics value for 2CAR.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for 2CAR.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.18 | NEGATIVE | The low ADX value for 2CAR.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:2CAR (9/8/2025, 7:00:00 PM)
17.339
-0.23 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.29%
1 Week-2.48%
2 Weeks9.64%
1 Month-0.29%
3 Month2.6%
6 Month-18.95%
12 Month-16.99%
2 Year-28.02%
3 Year-15.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.52%
ATR Inc-55.45%
Range Today0.22
ADR(20)0.39
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.14
Mansfield-2.33
10 Day High18.2
10 Day Low15.81
20 Day High19.5
20 Day Low15.39
52 Week High34.14
52 Week Low12.96
CS1 End16.33
CR1 Start17.37
Volume & EV
DER(3)0%
DER(5)0%
Volume1.32K
Volume Incr72.07%
Vol(5)744.2
Vol(50)393.16