IVZ COINSHRS BLOCKCHAIN UCIT (BNXG.DE) Stock Technical Analysis
FRA:BNXG - IE00BGBN6P67 - ETF
Taking everything into account, BNXG scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, BNXG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 122.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.59, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
72.98
We found 4 important support areas.
- A support zone ranging from 116.00 to 119.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.25 from a trend line in the weekly time frame.
- Support @78.46 from a trend line in the weekly time frame.
- Support @73.72 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.17 to 125.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BNXG.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNXG.DE is neutral. |
| ChartMill Relative Strength | 91.67 | POSITIVE | BNXG.DE has a high relative strength, it outperformed 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNXG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BNXG.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNXG.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.78 | NEUTRAL | The RSI value for BNXG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BNXG.DE has a negative trend. |
| Stochastics (14,3) | 60.22 | NEUTRAL | The Stochastics value for BNXG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BNXG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for BNXG.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 |
|---|---|---|---|
| 122.67 | 117.83 | 4.84 (3.95%) | 25.00% |
| An entry @122.67. This is a Buy Stop order right above the 10 day moving average. | An exit @117.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.84 points, which is 3.95%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:BNXG (9/5/2025, 7:00:00 PM)
119.6
-1.7 (-1.4%)