Taking everything into account, EURL scores 10 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, EURL is showing a nice and steady performance.
Although EURL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
33.07
We found 6 important support areas.
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 EURL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EURL is up. |
| ChartMill Relative Strength | 95.12 | POSITIVE | EURL has a high relative strength, it outperformed 95.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EURL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EURL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EURL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.53 | OVERBOUGHT | The high RSI value suggests EURL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests EURL has a positive trend. |
| Stochastics (14,3) | 86.11 | OVERBOUGHT | The high Stochastics value suggests EURL may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for EURL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for EURL suggests a possible start of a new trend. |
NYSEARCA:EURL (1/9/2026, 8:04:00 PM)
44.56
+0.97 (+2.23%)
ChartMill assigns a technical rating of 10 / 10 to EURL.
The current trend direction for DRX DLY FTSE EUROPE BULL 3X (EURL) is Bullish.
DRX DLY FTSE EUROPE BULL 3X (EURL) has an RSI value of 71.5285. This indicates that the stock is currently overbought.
The short term momentum for DRX DLY FTSE EUROPE BULL 3X (EURL) is positive.
DRX DLY FTSE EUROPE BULL 3X (EURL) has a support level at 42.96. Check the full technical report for our detailed analysis of EURL support and resistance levels.