WT STOXX EUR AUTO 2X DLY LV (2CAR.DE) Stock Technical Analysis
FRA:2CAR - Deutsche Boerse Ag - XS2427363895 - ETF - Currency: EUR
Taking everything into account, 2CAR scores 4 out of 10 in our technical rating. Although 2CAR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 1089 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that 2CAR is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month 2CAR has a been trading in the 15.69 - 19.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
2CAR has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
15.63
20.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.00 to 17.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.73 from a trend line in the weekly time frame.
- A support zone ranging from 15.79 to 16.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @17.93 from a trend line in the daily time frame.
- Resistance @19.07 from a trend line in the daily time frame.
- A resistance zone ranging from 19.67 to 19.82. 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 | UP | POSITIVE | The short term trend for 2CAR.DE is up. |
| ChartMill Relative Strength | 81.19 | POSITIVE | 2CAR.DE has a high relative strength, it outperformed 81.19% 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) | DOWN | MIXED | The current price of 2CAR.DE is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.51 | NEUTRAL | The RSI value for 2CAR.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests 2CAR.DE has a positive trend. |
| Stochastics (14,3) | 67.46 | NEUTRAL | The Stochastics value for 2CAR.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for 2CAR.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.69 | 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 (7/17/2025, 7:00:00 PM)
17.674
+0.29 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week4.31%
2 Weeks9.15%
1 Month-5.97%
3 Month29.72%
6 Month-0.49%
12 Month8.2%
2 Year-35.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.54%
ATR Inc-36.85%
Range Today0.19
ADR(20)0.29
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.19
Mansfield-2.61
10 Day High18.57
10 Day Low16.01
20 Day High19.17
20 Day Low15.69
52 Week High34.14
52 Week Low12.96
CS1 End17.26
CR1 Start17.93
Volume & EV
DER(3)0%
DER(5)0%
Volume92
Volume Incr134.94%
Vol(5)616
Vol(50)1.09K