AMUNDI DAILY SHORTDAY X2 (DAX2S.MI) Stock Technical Analysis
BIT:DAX2S - Euronext Milan - FR0010869495 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to DAX2S. DAX2S scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DAX2S is a bad performer in the overall market: 93% of all stocks are doing better.
DAX2S is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DAX2S is lagging the market.
In the last month DAX2S has a been trading in the 0.54 - 0.86 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of DAX2S is bad and it also does not present a 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.
More info and screens
0.59
0.83
When analyzing the resistance we notice 3 important areas.
- Resistance @0.75 from a trend line in the daily time frame.
- Resistance @0.78 from a trend line in the daily time frame.
- Resistance @0.82 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for DAX2S.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAX2S.MI is down. |
| ChartMill Relative Strength | 7.54 | NEGATIVE | DAX2S.MI has a low relative strength, it was outperformed by 92.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAX2S.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAX2S.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAX2S.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.87 | NEUTRAL | The RSI value for DAX2S.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DAX2S.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.05 | OVERSOLD | The low Stochastics value suggests DAX2S.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for DAX2S.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for DAX2S.MI suggests a possible start of a new trend. |
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)
BIT:DAX2S (6/19/2025, 7:00:00 PM)
0.5953
+0.03 (+5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.66%
1 Week8.63%
2 Weeks-14.69%
1 Month-3.95%
3 Month-8.05%
6 Month-35.07%
12 Month-45.94%
2 Year-48.18%
3 Year-68.4%
5 Year-78.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.58%
ATR Inc-47.03%
Range Today0.01
ADR(20)0.02
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.54
Mansfield-4.67
10 Day High0.66
10 Day Low0.54
20 Day High0.86
20 Day Low0.54
52 Week High1.39
52 Week Low0.54
CS1 EndN/A
CR1 Start0.75
Volume & EV
DER(3)0%
DER(5)0%
Volume184.54K
Volume Incr-81.09%
Vol(5)161.14K
Vol(50)488.34K