IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) Stock Technical Analysis
FRA:MEEQ - Deutsche Boerse Ag - IE000LUZJNI7 - ETF - Currency: EUR
Overall MEEQ gets a technical rating of 4 out of 10. In the last year, MEEQ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, MEEQ is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: MEEQ has an average volume of 13438 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month MEEQ has a been trading in a tight range between 15.66 and 16.13.
Considerably lower volume is observed in the last couple of days.
MEEQ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.67
16.27
When analyzing the support we notice one important area.
- A support zone ranging from 15.83 to 15.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.00 to 16.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 MEEQ.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEEQ.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MEEQ.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MEEQ.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEEQ.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.67 | NEUTRAL | The RSI value for MEEQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MEEQ.DE has a negative trend. |
| Stochastics (14,3) | 45.26 | NEUTRAL | The Stochastics value for MEEQ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for MEEQ.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for MEEQ.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:MEEQ (6/13/2025, 7:00:00 PM)
15.84
-0.16 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week-1.48%
2 Weeks-1%
1 Month-0.44%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.75%
ATR Inc52.13%
Range Today0.04
ADR(20)0.09
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High16.13
10 Day Low15.82
20 Day High16.13
20 Day Low15.66
52 Week HighN/A
52 Week LowN/A
CS1 End15.83
CR1 Start16
Volume & EV
DER(3)0%
DER(5)0%
Volume579
Volume Incr-60.75%
Vol(5)6.49K
Vol(50)13.44K