L&G DAX DAILY 2X SHORT (DES2.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DES2 - IE00B4QNHZ41 - ETF
We assign a technical rating of 1 out of 10 to DES2. DES2 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DES2 has a poor technical rating and the quality of the setup is also only medium 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
0.58
We found 2 important support areas.
- A support zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.63 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for DES2.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DES2.DE is neutral. |
| ChartMill Relative Strength | 10.58 | NEGATIVE | DES2.DE has a low relative strength, it was outperformed by 89.42% 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) | 43.71 | 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) | 11.96 | OVERSOLD | The low Stochastics value suggests DES2.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for DES2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for DES2.DE suggests a weak or negative trend. |
FRA:DES2 (12/5/2025, 7:00:00 PM)
0.6212
-0.01 (-1.19%)
L&G DAX DAILY 2X SHORT / DES2.DE FAQ
What is the technical rating for DES2 stock?
ChartMill assigns a technical rating of 1 / 10 to DES2.DE.
Can you provide the trend direction for L&G DAX DAILY 2X SHORT?
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 43.7112. This indicates that the stock is currently neutral.
Can you provide the MACD signal for L&G DAX DAILY 2X SHORT?
The MACD indicator for L&G DAX DAILY 2X SHORT (DES2.DE) has a value of -0.00362945, indicating a bearish trend.
What are the support and resistance levels for L&G DAX DAILY 2X SHORT (DES2.DE) stock?
L&G DAX DAILY 2X SHORT (DES2.DE) has a support level at 0.61 and a resistance level at 0.63. Check the full technical report for our detailed analysis of DES2.DE support and resistance levels.