FRA:ARG1 - XS2399368062 - ETF
We assign a technical rating of 1 out of 10 to ARG1. ARG1 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ARG1 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.72, a Stop Loss order could be placed below this zone.
1.61
We found 2 important support areas.
We can see 5 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for ARG1.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARG1.DE is neutral. |
ChartMill Relative Strength | 6.11 | NEGATIVE | ARG1.DE has a low relative strength, it was outperformed by 93.89% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARG1.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARG1.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARG1.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.96 | NEUTRAL | The RSI value for ARG1.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARG1.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 49.64 | NEUTRAL | The Stochastics value for ARG1.DE is a neutral value. |
Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ARG1.DE suggests some volalility. |
Average Directional Index/ADX (14) | 7.77 | NEGATIVE | The low ADX value for ARG1.DE suggests a weak or negative trend. |
FRA:ARG1 (9/5/2025, 7:00:00 PM)
1.751
+0 (+0.21%)