Europe - Frankfurt Stock Exchange - FRA:ETG - DE000A0MVLS8 - Common Stock
Overall ETG gets a technical rating of 0 out of 10. ETG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ETG does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ETG in the last couple of days, which is a good sign.
17.08
We found 1 important support area.
5 important resistance areas can be observed.
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 ETG.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETG.DE is neutral. |
| ChartMill Relative Strength | 7.23 | NEGATIVE | ETG.DE has a low relative strength, it was outperformed by 92.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETG.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.55 | NEUTRAL | The RSI value for ETG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ETG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.14 | NEUTRAL | The Stochastics value for ETG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ETG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for ETG.DE suggests a weak or negative trend. |
FRA:ETG (12/23/2025, 7:00:00 PM)
17.4
-0.15 (-0.85%)
ChartMill assigns a technical rating of 0 / 10 to ETG.DE.
The current trend direction for ENVITEC BIOGAS AG (ETG.DE) is Bearish.
ENVITEC BIOGAS AG (ETG.DE) has an RSI value of 44.5519. This indicates that the stock is currently neutral.
The MACD indicator for ENVITEC BIOGAS AG (ETG.DE) has a value of -0.0371525, indicating a bearish trend.