Logo image of BATJ.DE

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

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

9.984  +0 (+0.02%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to BATJ. BATJ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

Warning: BATJ has an average volume of 5162 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, BATJ turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BATJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BATJ is lagging the market.
In the last month BATJ has a been trading in a tight range between 9.89 and 10.29.
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

3

BATJ has an average technical rating and it also does not offer a high quality setup 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

9.44

10.73

When analyzing the support we notice one important area.

  • A support zone ranging from 9.54 to 9.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 10.03 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 IndicatorUPPOSITIVEThe long term trend for BATJ.DE is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BATJ.DE is neutral.
ChartMill Relative Strength48.44NEUTRALBATJ.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).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of BATJ.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)44.67NEUTRALThe RSI value for BATJ.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BATJ.DE has a negative trend.
Stochastics (14,3)31.94NEUTRALThe Stochastics value for BATJ.DE is a neutral value.
Average True Range in percent/ATR (20)1.04LOW VOLATILITYThe low ATR as a percentage value for BATJ.DE suggests low volalility.
Average Directional Index/ADX (14)19.48NEGATIVEThe 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 (8/4/2025, 7:00:00 PM)

9.984

+0 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week-2.18%
2 Weeks-1.13%
1 Month0.81%
3 Month1.99%
6 Month-3.29%
12 Month7.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.04%
ATR Inc81.97%
Range Today0.06
ADR(20)0.07
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.44
Mansfield-0.6
10 Day High10.29
10 Day Low9.95
20 Day High10.29
20 Day Low9.89
52 Week High10.62
52 Week Low9.09
CS1 End9.84
CR1 Start10.03
Volume & EV
DER(3)0%
DER(5)0%
Volume2
Volume Incr598.6%
Vol(5)6.01K
Vol(50)5.16K