SG ETC WTI CRD OIL FUTURE (42GG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:42GG - DE000ETC0779 - ETF
We assign a technical rating of 1 out of 10 to 42GG. 42GG 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, 42GG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.27. Right above this resistance zone may be a good entry point.
More info and screens
8.38
We found 2 important support areas.
- Support @8.78 from a horizontal line in the weekly time frame.
- A support zone ranging from 8.46 to 8.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.27 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.95 from a horizontal line in the daily time frame.
- Resistance @10.84 from a horizontal line in the daily time frame.
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 42GG.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 42GG.DE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 42GG.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 42GG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 42GG.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.82 | NEUTRAL | The RSI value for 42GG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests 42GG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.67 | NEUTRAL | The Stochastics value for 42GG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for 42GG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 8.93 | NEGATIVE | The low ADX value for 42GG.DE suggests a weak or negative trend. |
FRA:42GG (12/23/2025, 7:00:00 PM)
8.99
+0.02 (+0.22%)
SG ETC WTI CRD OIL FUTURE / 42GG.DE FAQ
What is the ChartMill technical rating of SG ETC WTI CRD OIL FUTURE (42GG.DE) stock?
ChartMill assigns a technical rating of 1 / 10 to 42GG.DE.
What is the trend direction for 42GG stock?
The current trend direction for SG ETC WTI CRD OIL FUTURE (42GG.DE) is Bearish.
What is the RSI signal for 42GG stock?
SG ETC WTI CRD OIL FUTURE (42GG.DE) has an RSI value of 44.8216. This indicates that the stock is currently neutral.
What is the MACD signal for SG ETC WTI CRD OIL FUTURE (42GG.DE) stock?
The MACD indicator for SG ETC WTI CRD OIL FUTURE (42GG.DE) has a value of -0.0240403, indicating a bearish trend.