FRA:DBZN - Deutsche Boerse Ag - LU0429790743 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to DBZN. Although DBZN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, DBZN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.33, a Stop Loss order could be placed below this zone.
19.85
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for DBZN.DE is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBZN.DE is neutral. |
ChartMill Relative Strength | 83.24 | POSITIVE | DBZN.DE has a high relative strength, it outperformed 83.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBZN.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DBZN.DE is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of DBZN.DE is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for DBZN.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DBZN.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 46.36 | NEUTRAL | The Stochastics value for DBZN.DE is a neutral value. |
Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for DBZN.DE suggests low volalility. |
Average Directional Index/ADX (14) | 9.03 | NEGATIVE | The low ADX value for DBZN.DE suggests a weak or negative trend. |
FRA:DBZN (11/24/2022, 7:00:00 PM)
21.335
+0.14 (+0.68%)