FRA:EFRN - IE00BF5GB717 - ETF
We assign a technical rating of 5 out of 10 to EFRN. EFRN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
EFRN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.07, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
4.96
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 EFRN.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFRN.DE is up. |
ChartMill Relative Strength | 31.34 | NEUTRAL | EFRN.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFRN.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFRN.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EFRN.DE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 67.58 | NEUTRAL | The RSI value for EFRN.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EFRN.DE has a positive trend. |
Stochastics (14,3) | 73.71 | NEUTRAL | The Stochastics value for EFRN.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for EFRN.DE suggests low volalility. |
Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for EFRN.DE suggests a possible start of a new trend. |
FRA:EFRN (9/5/2025, 7:00:00 PM)
5.0714
+0 (+0.05%)