AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) Stock Technical Analysis
BIT:DAXLEV - Euronext Milan - LU0252634307 - ETF - Currency: EUR
Taking everything into account, DAXLEV scores 8 out of 10 in our technical rating. In the last year, DAXLEV was one of the better performers, but we do observe some doubts in the very recent evolution.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: DAXLEV has an average volume of 3804 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that DAXLEV is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by DAXLEV over the past year are nicely spread over this period.
DAXLEV is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month DAXLEV has a been trading in the 163.26 - 249.00 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although DAXLEV has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
76.58
243.46
We found 3 important support areas.
- Support @188.75 from a horizontal line in the weekly time frame.
- A support zone ranging from 171.20 to 179.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.35 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.8
Mansfield2.08
10 Day High242.45
10 Day Low163.26
20 Day High249
20 Day Low163.26
52 Week High249
52 Week Low109
Performance
1 Week-10.93%
2 Weeks-15.11%
1 Month-11.03%
3 Month11.79%
6 Month21.46%
12 Month54.11%
2 Year59.68%
3 Year76.31%
5 Year232.89%
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)-7.21
RSI(14)46.44
LBB174.2
UBB263.03
BIT:DAXLEV (5/8/2025, 7:00:00 PM)
241.05
+52.29 (+27.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg27.7%
1 Week-10.93%
2 Weeks-15.11%
1 Month-11.03%
3 Month11.79%
6 Month21.46%
12 Month54.11%
2 Year59.68%
3 Year76.31%
5 Year232.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.67
ATR(20)%6.76%
ATR Inc15.18%
Range Today2.8
ADR(20)8.52
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.8
Mansfield2.08
10 Day High242.45
10 Day Low163.26
20 Day High249
20 Day Low163.26
52 Week High249
52 Week Low109
CS1 End188.75
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.29K
Volume Incr433.94%
Vol(5)15.21K
Vol(50)3.80K