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L&G MS ENCO EUR HEDG ETF (BATJ.DE) Stock Technical Analysis

FRA:BATJ - Deutsche Boerse Ag - IE00022GJEG1 - ETF - Currency: EUR

9.831  +0.15 (+1.51%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to BATJ. BATJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, BATJ is a bad performer in the overall market: 67% of all stocks are doing better.
Warning: BATJ has an average volume of 6401 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 neutral. This gives a pretty neutral overall picture!
BATJ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BATJ is lagging the market slightly.
In the last month BATJ has a been trading in a tight range between 9.69 and 10.05.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
L&G MS ENCO EUR HEDG ETF / BATJ Weekly stock chart
L&G MS ENCO EUR HEDG ETF / BATJ Daily stock chart
Setup Rating and Analysis

4

BATJ has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.18

10.73

2 important support areas can be observed.

  • A support zone ranging from 9.55 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 9.27 to 9.31. This zone is formed by a combination of multiple trend lines in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 9.83 to 9.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.12 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 10.51 to 10.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BATJ.DE is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BATJ.DE is neutral.
ChartMill Relative Strength33.26NEUTRALBATJ.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BATJ.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BATJ.DE is below a declining SMA(50).
Relative Strength Index/RSI (14)48.5NEUTRALThe RSI value for BATJ.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests BATJ.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.33OVERSOLDThe low Stochastics value suggests BATJ.DE may be oversold.
Average True Range in percent/ATR (20)1.02LOW VOLATILITYThe low ATR as a percentage value for BATJ.DE suggests low volalility.
Average Directional Index/ADX (14)8.41NEGATIVEThe low ADX value for BATJ.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
L&G MS ENCO EUR HEDG ETF / BATJ Daily stock chart

L&G MS ENCO EUR HEDG ETF

FRA:BATJ (6/2/2025, 7:00:00 PM)

9.831

+0.15 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.51%
1 Week-0.62%
2 Weeks-0.12%
1 Month0.82%
3 Month-3.33%
6 Month0.55%
12 Month0.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.02%
ATR Inc65.32%
Range Today0.09
ADR(20)0.07
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.26
Mansfield-0.46
10 Day High9.96
10 Day Low9.69
20 Day High10.05
20 Day Low9.69
52 Week High10.62
52 Week Low9.09
CS1 End9.71
CR1 Start9.83
Volume & EV
DER(3)0%
DER(5)0%
Volume103
Volume Incr886.97%
Vol(5)35.70K
Vol(50)6.40K