AMUNDI DAX III-ETF ACC (DAXX.MI) Stock Technical Analysis
BIT:DAXX - Euronext Milan - LU0252633754 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to DAXX. Both in the recent history as in the last year, DAXX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DAXX has an average volume of 8186 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!
Looking at the yearly performance, DAXX did better than 80% of all other stocks. We also observe that the gains produced by DAXX over the past year are nicely spread over this period.
DAXX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DAXX is leading the market.
In the last month DAXX has a been trading in the 209.95 - 222.65 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, DAXX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 221.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 219.76, a Stop Loss order could be placed below this zone.
More info and screens
171.98
223.98
We found 4 important support areas.
- A support zone ranging from 216.14 to 219.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 187.74 to 190.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 180.52 to 182.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 173.72 to 175.66. 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 221.76 to 221.76. 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 DAXX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAXX.MI is up. |
| ChartMill Relative Strength | 80.95 | POSITIVE | DAXX.MI has a high relative strength, it outperformed 80.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAXX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAXX.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAXX.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.81 | NEUTRAL | The RSI value for DAXX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests DAXX.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.24 | NEUTRAL | The Stochastics value for DAXX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for DAXX.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.33 | NEGATIVE | The low ADX value for DAXX.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)
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 |
|---|---|---|---|
| 221.77 | 213.29 | 8.48 (3.82%) | 25.00% |
| An entry @221.77. This is a Buy Stop order right above the resistance zone. | An exit @213.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.48 points, which is 3.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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:DAXX (6/4/2025, 1:39:37 PM)
221.75
+1.4 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week0.02%
2 Weeks0.91%
1 Month3.67%
3 Month3.02%
6 Month23.07%
12 Month32.36%
2 Year50.46%
3 Year86.47%
5 Year91.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.63
ATR(20)%1.17%
ATR Inc-21.19%
Range Today1.1
ADR(20)2.05
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.95
Mansfield1.24
10 Day High222.65
10 Day Low213.3
20 Day High222.65
20 Day Low209.95
52 Week High222.65
52 Week Low156.44
CS1 End219.76
CR1 Start221.76
Volume & EV
DER(3)0%
DER(5)0%
Volume396
Volume Incr-59.95%
Vol(5)2.32K
Vol(50)8.19K