L&G DAX DAILY 2X SHORT (DES2.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT: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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DES2 is a bad performer in the overall market: 99% 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 - 0.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
DES2 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for DES2 in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.59
When analyzing the resistance we notice 4 important areas.
- Resistance @0.66 from a horizontal line in the daily time frame.
- Resistance @0.74 from a trend line in the daily time frame.
- Resistance @0.82 from a trend line in the daily time frame.
- Resistance @0.99 from a trend 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.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DES2.MI is down. |
| ChartMill Relative Strength | 1.51 | NEGATIVE | DES2.MI has a low relative strength, it was outperformed by 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DES2.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DES2.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DES2.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.8 | NEUTRAL | The RSI value for DES2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DES2.MI has a positive trend. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for DES2.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for DES2.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for DES2.MI suggests a strong trend. |
BIT:DES2 (2/5/2026, 9:17:26 AM)
0.593
+0.01 (+1.25%)
L&G DAX DAILY 2X SHORT / DES2.MI FAQ
What is the technical rating for DES2 stock?
ChartMill assigns a technical rating of 0 / 10 to DES2.MI.
What is the current trend direction of L&G DAX DAILY 2X SHORT (DES2.MI) stock?
The current trend direction for L&G DAX DAILY 2X SHORT (DES2.MI) is Bearish.
Can you provide the RSI signal for L&G DAX DAILY 2X SHORT?
L&G DAX DAILY 2X SHORT (DES2.MI) has an RSI value of 39.7968. This indicates that the stock is currently neutral.
What is the MACD signal for L&G DAX DAILY 2X SHORT (DES2.MI) stock?
The MACD indicator for L&G DAX DAILY 2X SHORT (DES2.MI) has a value of 0.00739112, 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.MI) has a resistance level at 0.66. Check the full technical report for our detailed analysis of DES2.MI support and resistance levels.