L&G DAX DAILY 2X SHORT (DES2.DE) Technical Analysis
FRA:DES2 • IE00B4QNHZ41
Current stock price
DES2.DE Technical Rating and Analysis
Taking everything into account, DES2 scores 3 out of 10 in our technical rating. DES2 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, DES2 is a bad performer in the overall market: 85% of all stocks are doing better.
- DES2 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DES2 has a been trading in the 0.60 - 0.74 range, which is quite wide. It is currently trading near the lows of this range.
- DES2 has an average volume of 1124760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Volume is considerably higher in the last couple of days.
DES2.DE Weekly and Daily overview Charts
DES2.DE Setup Rating and Analysis
The technical rating of DES2 is bad and it also does not present a 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
DES2.DE Support and Resistance Analysis
0.54
2 important support areas can be observed.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DES2.DE Technical Indicator Signal Analysis
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 DES2.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DES2.DE is down. |
| ChartMill Relative Strength | 15.49 | NEGATIVE | DES2.DE has a low relative strength, it was outperformed by 84.51% 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) | UP | MIXED | The current price of DES2.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DES2.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for DES2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DES2.DE has a negative trend. |
| Stochastics (14,3) | 10.28 | OVERSOLD | The low Stochastics value suggests DES2.DE may be oversold. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for DES2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.03 | POSITIVE | The high ADX value value for DES2.DE suggests a strong trend. |
DES2.DE Chart- and CandleStick Pattern Analysis
DES2.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:DES2 (4/10/2026, 7:00:00 PM)
0.6203
+0 (+0.32%)
L&G DAX DAILY 2X SHORT / DES2.DE TA FAQ
What is the technical rating for DES2 stock?
ChartMill assigns a technical rating of 3 / 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.
What is the RSI signal for DES2 stock?
L&G DAX DAILY 2X SHORT (DES2.DE) has an RSI value of 44.3141. This indicates that the stock is currently neutral.
What is the support and resistance level for DES2 stock?
L&G DAX DAILY 2X SHORT (DES2.DE) has a support level at 0.56 and a resistance level at 0.63. Check the full technical report for our detailed analysis of DES2.DE support and resistance levels.