AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:DAXLEV - LU0252634307 - ETF
Taking everything into account, DAXLEV scores 10 out of 10 in our technical rating. 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.
- Warning: DAXLEV has an average volume of 3238 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DAXLEV is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, DAXLEV also shows a nice and consistent pattern of rising prices.
- DAXLEV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAXLEV is lagging the market slightly.
- In the last month DAXLEV has a been trading in the 226.20 - 274.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
206.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 240.99 to 246.49. 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 228.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.44 from a trend line in the daily 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 | 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 | 88.63 | POSITIVE | DAXLEV.MI has a high relative strength, it outperformed 88.63% 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) | 53.99 | NEUTRAL | The RSI value for DAXLEV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.88 | POSITIVE | The MACD value suggests DAXLEV.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests DAXLEV.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for DAXLEV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for DAXLEV.MI suggests a weak or negative trend. |
BIT:DAXLEV (1/21/2026, 7:00:00 PM)
257.3
-7.95 (-3%)
AM LEVDAX DAILY 2X LEV-ETF A / DAXLEV.MI FAQ
What is the technical rating for DAXLEV stock?
ChartMill assigns a technical rating of 10 / 10 to DAXLEV.MI.
Can you provide the trend direction for AM LEVDAX DAILY 2X LEV-ETF A?
The current trend direction for AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) is Bullish.
Can you provide the RSI signal for AM LEVDAX DAILY 2X LEV-ETF A?
AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) has an RSI value of 53.9852. This indicates that the stock is currently neutral.
What is the MACD signal for DAXLEV stock?
The MACD indicator for AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) has a value of 1.87737, indicating a bullish trend.
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.