WT EURO STOXX50 5X DAILY LEV (5LEL.DE) Stock Technical Analysis
FRA:5LEL - Deutsche Boerse Ag - XS2771503104 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to 5LEL. Although 5LEL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, 5LEL does present a nice setup opportunity. Prices have been consolidating lately. 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 21.96. Right above this resistance zone may be a good entry point.
More info and screens
20.42
We found 1 important support area.
- A support zone ranging from 20.63 to 20.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.96 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.62 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 | UP | POSITIVE | The long term trend for 5LEL.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 5LEL.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 5LEL.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 5LEL.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 5LEL.DE is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 55.32 | NEUTRAL | The RSI value for 5LEL.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests 5LEL.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.37 | NEUTRAL | The Stochastics value for 5LEL.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for 5LEL.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for 5LEL.DE suggests a weak or negative 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 |
|---|---|---|---|
| 21.49 | 20.61 | 0.87 (4.06%) | 24.62% |
| An entry @21.49. This is a Buy Stop order right above the 10 day moving average. | An exit @20.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.87 points, which is 4.06%. | When investing 24.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of 5LEL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:5LEL (5/30/2025, 7:00:00 PM)
20.636
-0.13 (-0.65%)