L&G DAX DAILY 2X LONG (DEL2.MI) Stock Technical Analysis
BIT:DEL2 - Euronext Milan - IE00B4QNHH68 - ETF - Currency: EUR
Taking everything into account, DEL2 scores 6 out of 10 in our technical rating. DEL2 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than DEL2.
Warning: DEL2 has an average volume of 759 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!
In the last month DEL2 has a been trading in the 316.10 - 696.10 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
DEL2 has an average technical rating and it also does not offer a high quality setup 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
481.00
707.00
We found 2 important support areas.
- Support @563.18 from a trend line in the daily time frame.
- Support @485.86 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 DEL2.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEL2.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DEL2.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEL2.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEL2.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.74 | NEUTRAL | The RSI value for DEL2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 17.78 | POSITIVE | The MACD value suggests DEL2.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.82 | OVERBOUGHT | The high Stochastics value suggests DEL2.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for DEL2.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.14 | POSITIVE | The high ADX value value for DEL2.MI suggests a strong 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)
BIT:DEL2 (7/25/2025, 7:00:00 PM)
700
+6.4 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.92%
1 Week5.6%
2 Weeks61.63%
1 Month93.42%
3 Month162.76%
6 Month286.91%
12 MonthN/A
2 Year97.91%
3 Year109.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)48.83
ATR(20)%6.26%
ATR Inc-77.83%
Range Today4.5
ADR(20)7.31
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High696.1
10 Day Low431.65
20 Day High696.1
20 Day Low316.1
52 Week HighN/A
52 Week LowN/A
CS1 End563.18
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.06K
Volume Incr-69.62%
Vol(5)362
Vol(50)759.12