FRA:COP - Deutsche Boerse Ag - DE000A288904 - Common Stock - Currency: EUR
Taking everything into account, COP scores 1 out of 10 in our technical rating. In the last year, COP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, COP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.07, a Stop Loss order could be placed below this zone.
21.50
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 COP.DE is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COP.DE is down. |
ChartMill Relative Strength | 16.28 | NEGATIVE | COP.DE has a low relative strength, it was outperformed by 83.72% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COP.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COP.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COP.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 46.33 | NEUTRAL | The RSI value for COP.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests COP.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for COP.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for COP.DE suggests low volalility. |
Average Directional Index/ADX (14) | 7.85 | NEGATIVE | The low ADX value for COP.DE suggests a weak or negative trend. |
FRA:COP (6/2/2025, 9:28:15 AM)
22.08
0 (0%)