AM STOXX EUROPE DEFENSE ACC (DEFS.MI) Stock Technical Analysis
BIT:DEFS - LU3038520774 - ETF
We assign a technical rating of 3 out of 10 to DEFS. DEFS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, DEFS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.45, a Stop Loss order could be placed below this zone.
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5.37
When analyzing the support we notice one important area.
- A support zone ranging from 5.42 to 5.45. 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 5.63 to 5.79. 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 DEFS.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEFS.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DEFS.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEFS.MI is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 50.88 | NEUTRAL | The RSI value for DEFS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DEFS.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.95 | NEUTRAL | The Stochastics value for DEFS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DEFS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for DEFS.MI suggests a weak or negative trend. |
BIT:DEFS (9/2/2025, 7:00:00 PM)
5.622
-0.12 (-2.12%)