L&G DAX DAILY 2X SHORT (DES2.DE)
IE00B4QNHZ41 - ETF
Taking everything into account, DES2 scores 1 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DES2 is a bad performer in the overall market: 87% of all stocks are doing better.
DES2 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DES2 is lagging the market.
In the last month DES2 has a been trading in the 1.03 - 1.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DES2 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.02
1.52
We found 1 important support area.
- A support zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.50 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.98
Mansfield-2.22
10 Day High1.14
10 Day Low1.07
20 Day High1.14
20 Day Low1.03
52 Week High1.6
52 Week Low1.03
Performance
1 Week-0.91%
2 Weeks0.51%
1 Month5.78%
3 Month-8.8%
6 Month-30.14%
12 Month-16.01%
2 Year-39.81%
3 Year-40.46%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.11
LBB1.06
UBB1.14
L&G DAX DAILY 2X SHORT
FRA:DES2 (4/25/2024, 7:00:00 PM)
1.1088
+0.02 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.82%
1 Week-0.91%
2 Weeks0.51%
1 Month5.78%
3 Month-8.8%
6 Month-30.14%
12 Month-16.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%2.12%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.14
10 Day Low1.07
20 Day High1.14
20 Day Low1.03
52 Week High1.6
52 Week Low1.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume703.88K
Volume Incr-30.63%
Vol(5)426.01K
Vol(50)539.23K