AMUNDI STOXX EUROPE 600 ESG (AME6.DE) Stock Technical Analysis
FRA:AME6 - Deutsche Boerse Ag - LU1681040223 - ETF - Currency: EUR
Taking everything into account, AME6 scores 8 out of 10 in our technical rating. Although AME6 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: AME6 has an average volume of 9725 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
AME6 is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AME6 is leading the market.
AME6 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, AME6 outperforms 67% of them, which is more or less in line with the market.
In the last month AME6 has a been trading in a tight range between 132.26 and 138.54.
AME6 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 136.17, a Stop Loss order could be placed below this zone.
More info and screens
118.60
139.77
3 important support areas can be observed.
- A support zone ranging from 135.99 to 136.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @129.14 from a horizontal line in the daily time frame.
- A support zone ranging from 119.80 to 122.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 137.12 to 138.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 AME6.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AME6.DE is up. |
| ChartMill Relative Strength | 67.09 | NEUTRAL | AME6.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AME6.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AME6.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AME6.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.82 | NEUTRAL | The RSI value for AME6.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests AME6.DE has a negative trend. |
| Stochastics (14,3) | 62.39 | NEUTRAL | The Stochastics value for AME6.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for AME6.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for AME6.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)
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 |
|---|---|---|---|
| 138.40 | 135.98 | 2.42 (1.75%) | 25.00% |
| An entry @138.40. This is a Buy Stop order right above the resistance zone. | An exit @135.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.42 points, which is 1.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- 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:AME6 (5/30/2025, 7:00:00 PM)
136.94
+0.34 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week0.56%
2 Weeks0.12%
1 Month2.65%
3 Month-0.26%
6 Month9.43%
12 Month8.22%
2 Year27.03%
3 Year33.89%
5 Year77.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.32
ATR(20)%0.92%
ATR Inc-28.11%
Range Today0.94
ADR(20)1.08
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.09
Mansfield0.29
10 Day High138.54
10 Day Low134.08
20 Day High138.54
20 Day Low132.26
52 Week High138.7
52 Week Low114.12
CS1 End136.17
CR1 Start137.12
Volume & EV
DER(3)0%
DER(5)0%
Volume4.73K
Volume Incr-46.19%
Vol(5)2.93K
Vol(50)9.73K