DEKA MDAX UCITS ETF (ELF1.DE) Stock Technical Analysis
FRA:ELF1 - Deutsche Boerse Ag - DE000ETFL441 - ETF - Currency: EUR
Taking everything into account, ELF1 scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELF1 is showing a nice and steady performance.
ELF1 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 resistance zone just above the current price starting at 288.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 278.58, 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
222.26
We found 4 important support areas.
- A support zone ranging from 272.24 to 282.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @242.34 from a trend line in the weekly time frame.
- A support zone ranging from 238.30 to 238.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @224.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 288.81 to 291.21. 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 ELF1.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELF1.DE is up. |
| ChartMill Relative Strength | 83.82 | POSITIVE | ELF1.DE has a high relative strength, it outperformed 83.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELF1.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELF1.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELF1.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | NEUTRAL | The RSI value for ELF1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ELF1.DE has a positive trend. |
| Stochastics (14,3) | 80.49 | OVERBOUGHT | The high Stochastics value suggests ELF1.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for ELF1.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for ELF1.DE 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 |
|---|---|---|---|
| 285.36 | 271.24 | 14.12 (4.95%) | 20.21% |
| An entry @285.36. This is a Buy Stop order right above the 10 day high. | An exit @271.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.12 points, which is 4.95%. | For a 1.00% total portfolio risk, you can invest 20.21% of your capital in this trade. |
- 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.
FRA:ELF1 (7/2/2025, 7:00:00 PM)
283.3
+0.65 (+0.23%)