L&G DAX DAILY 2X SHORT (DES2.DE) Stock Technical Analysis
FRA:DES2 • IE00B4QNHZ41
Overall DES2 gets a technical rating of 0 out of 10. DES2's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DES2 is a bad performer in the overall market: 91% of all stocks are doing better.
- DES2 is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DES2 has a been trading in the 0.56 - 0.61 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DES2 does present a nice setup opportunity. 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 0.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.55, a Stop Loss order could be placed below this zone.
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0.54
When analyzing the support we notice one important area.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 7 important resistance areas.
- A resistance zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.65 from a horizontal line in the daily time frame.
- Resistance @0.67 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for DES2.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DES2.DE is down. |
| ChartMill Relative Strength | 9.94 | NEGATIVE | DES2.DE has a low relative strength, it was outperformed by 90.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DES2.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DES2.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DES2.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.8 | NEUTRAL | The RSI value for DES2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DES2.DE has a negative trend. |
| Stochastics (14,3) | 8.62 | OVERSOLD | The low Stochastics value suggests DES2.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for DES2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for DES2.DE suggests a weak or negative trend. |
FRA:DES2 (2/20/2026, 7:00:00 PM)
0.5642
-0.01 (-1.74%)
L&G DAX DAILY 2X SHORT / DES2.DE FAQ
What is the technical rating for DES2 stock?
ChartMill assigns a technical rating of 0 / 10 to DES2.DE.
What is the current trend direction of L&G DAX DAILY 2X SHORT (DES2.DE) stock?
The current trend direction for L&G DAX DAILY 2X SHORT (DES2.DE) is Bearish.
Can you provide the RSI signal for L&G DAX DAILY 2X SHORT?
L&G DAX DAILY 2X SHORT (DES2.DE) has an RSI value of 40.7998. This indicates that the stock is currently neutral.
What is the MACD signal for L&G DAX DAILY 2X SHORT (DES2.DE) stock?
The MACD indicator for L&G DAX DAILY 2X SHORT (DES2.DE) has a value of -0.0016022, indicating a bearish trend.
Can you provide the support and resistance levels for L&G DAX DAILY 2X SHORT?
L&G DAX DAILY 2X SHORT (DES2.DE) has a support level at 0.55 and a resistance level at 0.58. Check the full technical report for our detailed analysis of DES2.DE support and resistance levels.