AM CR SP 500 SP ETF USD DIST (6TVM.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:6TVM • LU0496786657
Taking everything into account, 6TVM scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 6TVM is only an average performer.
- Warning: 6TVM has an average volume of 22097 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 6TVM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, 6TVM turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- In the last month 6TVM has a been trading in a tight range between 59.01 and 61.60.
Although the technical rating is only medium, 6TVM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 61.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
47.53
When analyzing the support we can see 4 important areas.
- A support zone ranging from 58.76 to 60.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.45 from a horizontal line in the daily time frame.
- Support @53.12 from a horizontal line in the weekly time frame.
- Support @48.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.31 to 61.54. 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 6TVM.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 6TVM.DE is neutral. |
| ChartMill Relative Strength | 40.27 | NEUTRAL | 6TVM.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 6TVM.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 6TVM.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 6TVM.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for 6TVM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests 6TVM.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.59 | NEUTRAL | The Stochastics value for 6TVM.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for 6TVM.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for 6TVM.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 |
|---|---|---|---|
| 61.55 | 59.00 | 2.55 (4.15%) | 24.12% |
| An entry @61.55. This is a Buy Stop order right above the resistance zone. | An exit @59.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.55 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.12% of your capital in this trade. |
- 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:6TVM (2/3/2026, 3:43:16 PM)
60.566
-0.01 (-0.01%)
AM CR SP 500 SP ETF USD DIST / 6TVM.DE FAQ
What is the ChartMill technical rating of AM CR SP 500 SP ETF USD DIST (6TVM.DE) stock?
ChartMill assigns a technical rating of 6 / 10 to 6TVM.DE.
Can you provide the trend direction for AM CR SP 500 SP ETF USD DIST?
The current trend direction for AM CR SP 500 SP ETF USD DIST (6TVM.DE) is Bullish.
What is the RSI signal for 6TVM stock?
AM CR SP 500 SP ETF USD DIST (6TVM.DE) has an RSI value of 53.2388. This indicates that the stock is currently neutral.
What is the short term momentum for AM CR SP 500 SP ETF USD DIST (6TVM.DE) stock?
The short term momentum for AM CR SP 500 SP ETF USD DIST (6TVM.DE) is neutral.