FUT OF EUR DEFENCE UCITS ETF (8RMY.DE) Stock Technical Analysis
FRA:8RMY - Deutsche Boerse Ag - IE000I7E6HL0 - ETF - Currency: EUR
Overall 8RMY gets a technical rating of 3 out of 10. In the last year, 8RMY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than 8RMY.
In the last month 8RMY has a been trading in the 9.07 - 9.67 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, 8RMY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.21, a Stop Loss order could be placed below this zone.
More info and screens
8.98
9.91
We found 1 important support area.
- A support zone ranging from 9.07 to 9.21. 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 9.31 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.58 to 9.81. 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 8RMY.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 8RMY.DE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | 8RMY.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 8RMY.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 8RMY.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 45.91 | NEUTRAL | The RSI value for 8RMY.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests 8RMY.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.88 | NEUTRAL | The Stochastics value for 8RMY.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for 8RMY.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 9.9 | NEGATIVE | The low ADX value for 8RMY.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:8RMY (8/1/2025, 7:00:00 PM)
9.221
-0.12 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.32%
1 Week-0.55%
2 Weeks-4.64%
1 Month-0.8%
3 Month6.29%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.87%
ATR Inc36.5%
Range Today0.28
ADR(20)0.16
ADR(20)%1.76%
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 High9.67
10 Day Low9.07
20 Day High9.67
20 Day Low9.07
52 Week HighN/A
52 Week LowN/A
CS1 End9.21
CR1 Start9.31
Volume & EV
DER(3)0%
DER(5)0%
Volume36.97K
Volume Incr-35.37%
Vol(5)61.43K
Vol(50)116.06K