FRA:7RIP - Deutsche Boerse Ag - IE00BMFNW783 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to 7RIP. 7RIP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, 7RIP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.48, a Stop Loss order could be placed below this zone.
6.18
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 7RIP.DE is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 7RIP.DE is up. |
ChartMill Relative Strength | 68.38 | NEUTRAL | 7RIP.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 7RIP.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 7RIP.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 7RIP.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for 7RIP.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 7RIP.DE has a negative trend. |
Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for 7RIP.DE is a neutral value. |
Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for 7RIP.DE suggests low volalility. |
Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for 7RIP.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 |
---|---|---|---|
7.68 | 7.44 | 0.24 (3.08%) | 25.00% |
An entry @7.68. This is a Buy Stop order right above the 10 day moving average. | An exit @7.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 3.08%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:7RIP (5/30/2025, 7:00:00 PM)
7.651
-0.02 (-0.29%)