ENVITEC BIOGAS AG (ETG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ETG - DE000A0MVLS8 - Common Stock
Taking everything into account, ETG scores 2 out of 10 in our technical rating. In the past year, ETG 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.
- 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.
- 91% of all other stocks performed better in the past year than ETG.
- ETG is part of the Oil, Gas & Consumable Fuels industry. There are 75 other stocks in this industry, of which 67% are performing better than ETG.
- 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ETG has an average volume of 1944 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 16.65 - 20.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ETG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.40, 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.
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16.38
2 important support areas can be observed.
- A support zone ranging from 17.25 to 17.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.55 to 16.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 18.15 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.38 to 19.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.80 to 19.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @37.30 from a horizontal line 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 | 9.48 | NEGATIVE | ETG.DE has a low relative strength, it was outperformed by 90.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETG.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ETG.DE is below the rising 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) | 49.25 | NEUTRAL | The RSI value for ETG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ETG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.49 | NEUTRAL | The Stochastics value for ETG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for ETG.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for ETG.DE suggests a weak or negative trend. |
FRA:ETG (1/21/2026, 7:00:00 PM)
18.1
+0.5 (+2.84%)
ENVITEC BIOGAS AG / ETG.DE FAQ
What is the technical rating for ETG stock?
ChartMill assigns a technical rating of 2 / 10 to ETG.DE.
What is the current trend direction of ENVITEC BIOGAS AG (ETG.DE) stock?
The current trend direction for ENVITEC BIOGAS AG (ETG.DE) is Bearish.
Can you provide the RSI signal for ENVITEC BIOGAS AG?
ENVITEC BIOGAS AG (ETG.DE) has an RSI value of 49.2473. This indicates that the stock is currently neutral.
What is the short term momentum for ENVITEC BIOGAS AG (ETG.DE) stock?
The short term momentum for ENVITEC BIOGAS AG (ETG.DE) is neutral.