WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:2CAR - XS2427363895 - ETF
We assign a technical rating of 2 out of 10 to 2CAR. 2CAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, 2CAR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 16.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
14.24
4 important support areas can be observed.
- A support zone ranging from 16.34 to 16.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.39 to 15.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.84 from a horizontal line in the weekly time frame.
- Support @14.38 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.30 to 17.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.85 to 18.13. 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 | NEUTRAL | NEUTRAL | The long term trend for 2CAR.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 2CAR.DE is neutral. |
| ChartMill Relative Strength | 14.67 | NEGATIVE | 2CAR.DE has a low relative strength, it was outperformed by 85.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2CAR.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 2CAR.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 2CAR.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.44 | NEUTRAL | The RSI value for 2CAR.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests 2CAR.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.28 | NEUTRAL | The Stochastics value for 2CAR.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for 2CAR.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.11 | NEGATIVE | The low ADX value for 2CAR.DE suggests a weak or negative trend. |
FRA:2CAR (1/8/2026, 7:00:00 PM)
16.692
-0.68 (-3.9%)
WT STOXX EUR AUTO 2X DLY LV / 2CAR.DE FAQ
What is the technical rating for 2CAR stock?
ChartMill assigns a technical rating of 2 / 10 to 2CAR.DE.
What is the trend direction for 2CAR stock?
The current trend direction for WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) is Bearish.
What is the RSI signal for 2CAR stock?
WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) has an RSI value of 51.4362. This indicates that the stock is currently neutral.
What is the short term momentum for WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) stock?
The short term momentum for WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) is neutral.
What are the support and resistance levels for WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) stock?
WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) has a support level at 16.69 and a resistance level at 17.3. Check the full technical report for our detailed analysis of 2CAR.DE support and resistance levels.