AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) Stock Technical Analysis
BIT:DAXLEV - Euronext Milan - LU0252634307 - ETF - Currency: EUR
Overall DAXLEV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DAXLEV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DAXLEV has an average volume of 3876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DAXLEV is one of the better performing stocks in the market, outperforming 96% 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, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DAXLEV has a been trading in the 177.00 - 259.40 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although DAXLEV has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
179.11
261.40
We found 4 important support areas.
- A support zone ranging from 234.25 to 240.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @207.59 from a trend line in the weekly time frame.
- A support zone ranging from 188.18 to 191.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @180.92 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 258.81 to 258.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DAXLEV.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAXLEV.MI is up. |
| ChartMill Relative Strength | 96.6 | POSITIVE | DAXLEV.MI has a high relative strength, it outperformed 96.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAXLEV.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAXLEV.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAXLEV.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.07 | NEUTRAL | The RSI value for DAXLEV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests DAXLEV.MI has a positive trend. |
| Stochastics (14,3) | 78.41 | NEUTRAL | The Stochastics value for DAXLEV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for DAXLEV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for DAXLEV.MI suggests a weak or negative 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:DAXLEV (7/14/2025, 7:00:00 PM)
254.75
-1.85 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.72%
1 Week7.44%
2 Weeks-1.56%
1 Month45.84%
3 Month2.39%
6 Month74.01%
12 Month134.1%
2 Year96.84%
3 Year190.45%
5 Year196.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.33
ATR(20)%3.85%
ATR Inc0.71%
Range Today3.5
ADR(20)4.68
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.6
Mansfield2.43
10 Day High259
10 Day Low234
20 Day High259.4
20 Day Low177
52 Week High259.4
52 Week Low112.64
CS1 End240.94
CR1 Start258.81
Volume & EV
DER(3)0%
DER(5)0%
Volume992
Volume Incr-64.67%
Vol(5)2.09K
Vol(50)3.88K