VANECK DEFENSE ETF (DFNS.MI) Stock Technical Analysis
BIT:DFNS - Euronext Milan - IE000YYE6WK5 - ETF - Currency: EUR
Overall DFNS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DFNS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DFNS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
35.55
When analyzing the support we can see 5 important areas.
- A support zone ranging from 46.84 to 47.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.60 from a trend line in the daily time frame.
- Support @38.42 from a trend line in the daily time frame.
- Support @37.22 from a horizontal line in the daily time frame.
- A support zone ranging from 35.91 to 36.33. 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 48.12 to 48.45. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for DFNS.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFNS.MI is up. |
| ChartMill Relative Strength | 94.54 | POSITIVE | DFNS.MI has a high relative strength, it outperformed 94.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFNS.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFNS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFNS.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for DFNS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests DFNS.MI has a negative trend. |
| Stochastics (14,3) | 52.29 | NEUTRAL | The Stochastics value for DFNS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for DFNS.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.28 | NEGATIVE | The low ADX value for DFNS.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.46 | 46.83 | 1.63 (3.36%) | 25.00% |
| An entry @48.46. This is a Buy Stop order right above the resistance zone. | An exit @46.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.63 points, which is 3.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:DFNS (6/20/2025, 7:00:00 PM)
47.78
+0.22 (+0.45%)