FRA:42G1 - DE000ETC0829 - ETF
We assign a technical rating of 10 out of 10 to 42G1. Both in the recent history as in the last year, 42G1 has proven to be a steady performer, scoring decent points in every aspect analyzed.
42G1 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 24.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.08, a Stop Loss order could be placed below this zone.
17.95
3 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 42G1.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 42G1.DE is up. |
ChartMill Relative Strength | 96.68 | POSITIVE | 42G1.DE has a high relative strength, it outperformed 96.68% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 42G1.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 42G1.DE is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 65.06 | NEUTRAL | The RSI value for 42G1.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests 42G1.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.47 | OVERBOUGHT | The high Stochastics value suggests 42G1.DE may be overbought. |
Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for 42G1.DE suggests some volalility. |
Average Directional Index/ADX (14) | 34.25 | POSITIVE | The high ADX value value for 42G1.DE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
24.48 | 23.66 | 0.82 (3.35%) | 25.00% |
An entry @24.48. This is a Buy Stop order right above the resistance zone. | An exit @23.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.82 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
FRA:42G1 (9/9/2025, 7:00:00 PM)
24.186
-0.08 (-0.33%)