SG ETC GAS OIL FUTURE (42GL.DE) Stock Technical Analysis
FRA:42GL - Deutsche Boerse Ag - DE000ETC0811 - ETF - Currency: EUR
Overall 42GL gets a technical rating of 3 out of 10. 42GL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 42GL is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.51
When analyzing the support we notice one important area.
- Support @11.63 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.07 to 12.07. 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 | UP | POSITIVE | The long term trend for 42GL.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 42GL.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 42GL.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 37.14 | NEUTRAL | The RSI value for 42GL.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests 42GL.DE has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for 42GL.DE suggests a strong trend. |
FRA:42GL (7/18/2025, 7:00:00 PM)
12.065
+0.17 (+1.43%)