AMUNDI ETF DAX UCITS ETF DR (CG1.PA) Stock Technical Analysis
EPA:CG1 - Euronext Paris - Matif - FR0010655712 - ETF - Currency: EUR
Taking everything into account, CG1 scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CG1 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, CG1 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 416.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 407.84, a Stop Loss order could be placed below this zone.
More info and screens
346.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 404.88 to 407.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 385.34 to 396.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @375.00 from a trend line in the weekly time frame.
- A support zone ranging from 350.40 to 356.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 416.70 to 416.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 |
|---|---|---|---|
| 416.82 | 404.87 | 11.95 (2.87%) | 25.00% |
| An entry @416.82. This is a Buy Stop order right above the resistance zone. | An exit @404.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.95 points, which is 2.87%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CG1. Please evaluate whether better entry and exit points can be found.
- 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.
EPA:CG1 (3/21/2025, 7:00:00 PM)
407.85
-1.8 (-0.44%)