FRA:AW16 - IE00BN4Q0602 - ETF
We assign a technical rating of 7 out of 10 to AW16. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AW16 is only an average performer.
AW16 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
16.20
When analyzing the support we can see 4 important areas.
We can see 2 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 | UP | POSITIVE | The long term trend for AW16.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AW16.DE is up. |
ChartMill Relative Strength | 54.56 | NEUTRAL | AW16.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AW16.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AW16.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AW16.DE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for AW16.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AW16.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 50.29 | NEUTRAL | The Stochastics value for AW16.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for AW16.DE suggests low volalility. |
Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for AW16.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 |
---|---|---|---|
19.76 | 19.13 | 0.63 (3.18%) | 25.00% |
An entry @19.76. This is a Buy Stop order right above the resistance zone. | An exit @19.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 3.18%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:AW16 (9/8/2025, 7:00:00 PM)
19.458
+0.11 (+0.56%)