FRA:ASR5 - Deutsche Boerse Ag - LU2008761053 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to ASR5. ASR5 has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ASR5 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.19, a Stop Loss order could be placed below this zone.
8.65
When analyzing the support we can see 2 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 | DOWN | NEGATIVE | The long term trend for ASR5.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASR5.DE is neutral. |
ChartMill Relative Strength | 43.38 | NEUTRAL | ASR5.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASR5.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASR5.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of ASR5.DE is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for ASR5.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASR5.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 97.31 | OVERBOUGHT | The high Stochastics value suggests ASR5.DE may be overbought. |
Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for ASR5.DE suggests low volalility. |
Average Directional Index/ADX (14) | 20.13 | NEUTRAL | The ADX value for ASR5.DE suggests a possible start of a new trend. |
FRA:ASR5 (6/2/2025, 7:00:00 PM)
9.2058
-0.01 (-0.08%)