WT STOXX EUR TR&LE 2X DLY LV (2FLY.DE) Stock Technical Analysis
FRA:2FLY - Deutsche Boerse Ag - XS2427363036 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to 2FLY. 2FLY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
76% of all other stocks performed better in the past year than 2FLY.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: 2FLY has an average volume of 422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
2FLY 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 2FLY is lagging the market slightly.
In the last month 2FLY has a been trading in the 21.74 - 32.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
2FLY has an average technical rating and it also does not offer a high quality setup 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
21.57
29.45
We found 2 important support areas.
- A support zone ranging from 22.64 to 22.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.65 to 29.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 2FLY.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2FLY.DE is up. |
| ChartMill Relative Strength | 24.85 | NEGATIVE | 2FLY.DE has a low relative strength, it was outperformed by 75.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 2FLY.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2FLY.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for 2FLY.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests 2FLY.DE has a positive trend. |
| Stochastics (14,3) | 95.96 | OVERBOUGHT | The high Stochastics value suggests 2FLY.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for 2FLY.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for 2FLY.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:2FLY (5/30/2025, 7:00:00 PM)
28.468
-0.29 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1%
1 Week9.27%
2 Weeks28.42%
1 Month-10.17%
3 Month-13.11%
6 Month14.64%
12 Month2.97%
2 Year-5.17%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%4.47%
ATR Inc-73.8%
Range Today0.36
ADR(20)0.53
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.85
Mansfield-1.07
10 Day High29.06
10 Day Low21.74
20 Day High32.28
20 Day Low21.74
52 Week High34.25
52 Week Low19.77
CS1 End22.79
CR1 Start28.65
Volume & EV
DER(3)0%
DER(5)0%
Volume50
Volume Incr-73.17%
Vol(5)197.8
Vol(50)422.08