
Europe - Frankfurt Stock Exchange - FRA:MEEQ - IE000LUZJNI7 - ETF
We assign a technical rating of 2 out of 10 to MEEQ. MEEQ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of MEEQ is bad and it also does not present a quality setup 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.
15.67
We found 1 important support area.
We can see 2 important resistance 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 MEEQ.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MEEQ.DE is down. |
| 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 | MIXED | The current price of MEEQ.DE is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 39.49 | NEUTRAL | The RSI value for MEEQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MEEQ.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.18 | OVERSOLD | The low Stochastics value suggests MEEQ.DE may be oversold. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for MEEQ.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for MEEQ.DE suggests a weak or negative trend. |
FRA:MEEQ (11/21/2025, 7:00:00 PM)
16.19
+0.01 (+0.04%)
ChartMill assigns a technical rating of 2 / 10 to MEEQ.DE.
The current trend direction for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is Bullish.
IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) has an RSI value of 39.492. This indicates that the stock is currently neutral.
The short term momentum for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is negative.
The buy/sell signal for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is hold as the short term and long term trends are mixed.