DEKA DB EUROGOV GERMANY MM (EL4W.DE) Stock Technical Analysis
FRA:EL4W - Deutsche Boerse Ag - DE000ETFL227 - ETF - Currency: EUR
Overall EL4W gets a technical rating of 3 out of 10. In the past year, EL4W was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
EL4W 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. There is a resistance zone just above the current price starting at 69.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.35, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
68.15
We found 1 important support area.
- A support zone ranging from 68.84 to 69.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 69.44 to 70.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for EL4W.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EL4W.DE is up. |
| ChartMill Relative Strength | 30.7 | NEUTRAL | EL4W.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EL4W.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EL4W.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EL4W.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for EL4W.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EL4W.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests EL4W.DE may be overbought. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for EL4W.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for EL4W.DE suggests a possible start of a new trend. |
FRA:EL4W (6/27/2025, 7:00:00 PM)
69.3685
0 (0%)