Logo image of MEEQ.DE

IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) Stock Technical Analysis

FRA:MEEQ - Deutsche Boerse Ag - IE000LUZJNI7 - ETF - Currency: EUR

16.106  +0.02 (+0.14%)

Technical Rating and Analysis

5

Taking everything into account, MEEQ scores 5 out of 10 in our technical rating. 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 13571 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.
Weekly and Daily overview Charts
IVZ EUROPE EQUAL WEIGHT ACC / MEEQ Weekly stock chart
IVZ EUROPE EQUAL WEIGHT ACC / MEEQ Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MEEQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.02, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

15.67

16.42

We found 1 important support area.

  • A support zone ranging from 15.83 to 16.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 16.12 to 16.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MEEQ.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MEEQ.DE is up.
ChartMill Relative Strength0NEGATIVEMEEQ.DE has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MEEQ.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MEEQ.DE is above the rising SMA(50).
Relative Strength Index/RSI (14)67.03NEUTRALThe RSI value for MEEQ.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.12NEGATIVEThe MACD value suggests MEEQ.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)90.75OVERBOUGHTThe high Stochastics value suggests MEEQ.DE may be overbought.
Average True Range in percent/ATR (20)0.72LOW VOLATILITYThe low ATR as a percentage value for MEEQ.DE suggests low volalility.
Average Directional Index/ADX (14)15.6NEGATIVEThe low ADX value for MEEQ.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
IVZ EUROPE EQUAL WEIGHT ACC / MEEQ Daily stock chart

IVZ EUROPE EQUAL WEIGHT ACC

FRA:MEEQ (6/10/2025, 7:00:00 PM)

16.106

+0.02 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week1.09%
2 Weeks0.3%
1 Month2.13%
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)0.11
ATR(20)%0.72%
ATR Inc-54.59%
Range Today0.06
ADR(20)0.09
ADR(20)%0.57%
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 Low15.87
20 Day High16.13
20 Day Low15.66
52 Week HighN/A
52 Week LowN/A
CS1 End16.02
CR1 Start16.12
Volume & EV
DER(3)0%
DER(5)0%
Volume20.47K
Volume Incr-50.88%
Vol(5)8.29K
Vol(50)13.57K