
Europe - FRA:MEEQ - IE000LUZJNI7 - ETF
We assign a technical rating of 6 out of 10 to MEEQ. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MEEQ is a bad performer.
MEEQ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.55, a Stop Loss order could be placed below this zone.
15.48
When analyzing the support we notice one important area.
We found 1 important resistance area.
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) | UP | POSITIVE | The current price of MEEQ.DE is above the rising 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) | 56.1 | NEUTRAL | The RSI value for MEEQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MEEQ.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.46 | NEUTRAL | The Stochastics value for MEEQ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for MEEQ.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.63 | NEGATIVE | The low ADX value for MEEQ.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.67 | 16.28 | 0.38 (2.29%) | 25.00% |
| An entry @16.67. This is a Buy Stop order right above the 10 day moving average. | An exit @16.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.38 points, which is 2.29%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:MEEQ (10/31/2025, 7:00:00 PM)
16.606
-0.08 (-0.47%)
ChartMill assigns a technical rating of 6 / 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 56.1009. This indicates that the stock is currently neutral.
The short term momentum for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is positive.
The buy/sell signal for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is buy as both the short term and long term trends are positive.