AMUND CAC40 DX2SHRT (BX4.PA)

FR0010411884 - ETF

0.869  +0.01 (+1.05%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to BX4. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BX4 is a bad performer.

When comparing the yearly performance of all stocks, BX4 is a bad performer in the overall market: 86% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month BX4 has a been trading in the 0.81 - 0.87 range, which is quite wide. It is currently trading near the high of this range.
BX4 has an average volume of 8552970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BX4 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 BX4 is lagging the market slightly.
Weekly and Daily overview Charts
BX4 Weekly chart
BX4 Daily chart
Setup Rating and Analysis

6

BX4 has an average technical rating and the quality of the presented setup is also not ideal 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

0.77

1.02

We found 4 important support areas.

  • Support @0.86 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @0.88 from a horizontal line in the weekly time frame.
  • Resistance @0.90 from a horizontal line in the weekly time frame.
  • Resistance @1.01 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.9
Mansfield-0.31
10 Day High0.87
10 Day Low0.81
20 Day High0.87
20 Day Low0.81
52 Week High0.95
52 Week Low0.7
Performance
1 Week3.4%
2 Weeks2.95%
1 Month4.19%
3 Month-3.52%
6 Month21.1%
12 Month-10.19%
2 Year-21.67%
3 Year-38.17%
5 Year-71.59%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.86
LBB0.81
UBB0.87
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
0.870.800.07 (7.59%)13.18%
An entry @0.87. This is a Buy Stop order right above the resistance zone.An exit @0.80. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.07 points, which is 7.59%.For a 1.00% total portfolio risk, you can invest 13.18% 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.
BX4 Daily chart

AMUND CAC40 DX2SHRT

EPA:BX4 (11/4/2024, 7:00:00 PM)

0.869

+0.01 (+1.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.05%
1 Week3.4%
2 Weeks2.95%
1 Month4.19%
3 Month-3.52%
6 Month21.1%
12 Month-10.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%2.07%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.87
10 Day Low0.81
20 Day High0.87
20 Day Low0.81
52 Week High0.95
52 Week Low0.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.65M
Volume Incr-27.7%
Vol(5)6.44M
Vol(50)8.55M