Europe - FRA:EL45 - DE000ETFL318 - ETF
We assign a technical rating of 7 out of 10 to EL45. Although EL45 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EL45 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
8.42
5 important support areas can be observed.
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 EL45.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EL45.DE is up. |
ChartMill Relative Strength | 56.34 | NEUTRAL | EL45.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EL45.DE is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EL45.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EL45.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.03 | NEUTRAL | The RSI value for EL45.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EL45.DE has a negative trend. |
Stochastics (14,3) | 80.48 | OVERBOUGHT | The high Stochastics value suggests EL45.DE may be overbought. |
Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for EL45.DE suggests low volalility. |
Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for EL45.DE suggests a possible start of a new 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 |
---|---|---|---|
10.05 | 9.79 | 0.26 (2.59%) | 25.00% |
An entry @10.05. This is a Buy Stop order right above the resistance zone. | An exit @9.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 2.59%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:EL45 (9/16/2025, 7:00:00 PM)
9.897
-0.09 (-0.89%)