AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:DAXLEV - LU0252634307 - ETF
Overall DAXLEV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAXLEV is showing a nice and steady performance.
DAXLEV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 242.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
201.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 237.01 to 242.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 228.69 to 228.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @224.06 from a trend line in the weekly time frame.
- A support zone ranging from 203.24 to 205.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 258.80 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 | 89.89 | POSITIVE | DAXLEV.MI has a high relative strength, it outperformed 89.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAXLEV.MI is below a declining 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) | 50.92 | NEUTRAL | The RSI value for DAXLEV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests DAXLEV.MI has a negative trend. |
| Stochastics (14,3) | 71.41 | NEUTRAL | The Stochastics value for DAXLEV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for DAXLEV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.13 | NEGATIVE | The low ADX value for DAXLEV.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 253.76 | 237.00 | 16.76 (6.60%) | 15.14% |
| An entry @253.76. This is a Buy Stop order right above the 10 day high. | An exit @237.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 16.76 points, which is 6.60%. | For a 1.00% total portfolio risk, you can invest 15.14% of your capital in this trade. |
- 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.
BIT:DAXLEV (12/17/2025, 7:00:00 PM)
245.55
-6.1 (-2.42%)
AM LEVDAX DAILY 2X LEV-ETF A / DAXLEV.MI FAQ
What is the technical rating for DAXLEV stock?
ChartMill assigns a technical rating of 9 / 10 to DAXLEV.MI.
What is the trend direction for DAXLEV stock?
The current trend direction for AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) is Bullish.
What is the RSI signal for DAXLEV stock?
AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) has an RSI value of 50.915. This indicates that the stock is currently neutral.
What is the buy/sell signal for AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) stock?
The buy/sell signal for AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DAXLEV stock?
AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) has a support level at 242.37 and a resistance level at 258.8. Check the full technical report for our detailed analysis of DAXLEV.MI support and resistance levels.