ENVITEC BIOGAS AG (ETG.DE) Stock Technical Analysis
Europe - FRA:ETG - DE000A0MVLS8 - Common Stock
19.1 EUR
-0.15 (-0.78%)
Overall ETG gets a technical rating of 0 out of 10. ETG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ETG is a bad performer in the overall market: 97% of all stocks are doing better.
ETG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 83% of 62 stocks in the same industry do better.
ETG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: ETG has an average volume of 1609 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ETG has a been trading in the 17.50 - 20.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, ETG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 19.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ETG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.87
37.67
3 important support areas can be observed.
- A support zone ranging from 18.80 to 19.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.40 from a horizontal line in the daily time frame.
- Support @18.05 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.15 to 19.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.85 to 37.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 3.25 | NEGATIVE | ETG.DE has a low relative strength, it was outperformed by 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ETG.DE is above 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) | 49.9 | NEUTRAL | The RSI value for ETG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ETG.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.95 | NEUTRAL | The Stochastics value for ETG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ETG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 8.61 | NEGATIVE | The low ADX value for ETG.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:ETG (10/3/2025, 7:00:00 PM)
19.1
-0.15 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.78%
1 Week1.6%
2 Weeks-1.55%
1 Month0%
3 Month-23.9%
6 Month-42.99%
12 Month-36.96%
2 Year-49.87%
3 Year-62.1%
5 Year7.91%
10 Year218.33%
15 Year87.25%
Volatility
ATR(14)0.86
ATR(20)%3.64%
ATR Inc80.98%
Range Today0.85
ADR(20)0.68
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.25
Mansfield-3.93
10 Day High20.1
10 Day Low18
20 Day High20.1
20 Day Low17.5
52 Week High41.7
52 Week Low17.5
CS1 End19.08
CR1 Start19.15
Volume & EV
DER(3)5.98%
DER(5)8.32%
Volume514
Volume Incr23.17%
Vol(5)1.26K
Vol(50)1.61K