INCOMESHRS MAGNIFT 7 OPT ETP (7MAG.DE) Stock Technical Analysis
FRA:7MAG - XS3068761710 - ETF
36.38 EUR
-0.2 (-0.54%)
Taking everything into account, 7MAG scores 4 out of 10 in our technical rating. In the last year, 7MAG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than 7MAG.
The long and short term trends are both positive. This is looking good!
In the last month 7MAG has a been trading in the 35.00 - 39.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
7MAG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.36, a Stop Loss order could be placed below this zone.
More info and screens
35.00
38.10
When analyzing the support we notice one important area.
- A support zone ranging from 35.35 to 35.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 36.54 to 36.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.51 to 37.72. This zone is formed by a combination of multiple trend lines 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 7MAG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 7MAG.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 7MAG.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 7MAG.DE is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 49.6 | NEUTRAL | The RSI value for 7MAG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests 7MAG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.1 | NEUTRAL | The Stochastics value for 7MAG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for 7MAG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for 7MAG.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:7MAG (9/5/2025, 7:00:00 PM)
36.38
-0.2 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.54%
1 Week-0.23%
2 Weeks0.61%
1 Month0.27%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.18%
ATR Inc1.28%
Range Today0.73
ADR(20)0.73
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High39
10 Day Low35
20 Day High39
20 Day Low35
52 Week HighN/A
52 Week LowN/A
CS1 End35.36
CR1 Start36.54
Volume & EV
DER(3)0%
DER(5)0%
Volume474
Volume Incr-64.47%
Vol(5)387
Vol(50)N/A