IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:MEEQ - IE000LUZJNI7 - ETF
We assign a technical rating of 7 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.
Although MEEQ has an excellent technical rating, it does not offer a high 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.
More info and screens
15.67
When analyzing the support we notice one important area.
- A support zone ranging from 15.83 to 17.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.36 to 17.37. This zone is formed by a combination of multiple trend lines 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) | 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) | 79.95 | OVERBOUGHT | The high RSI value suggests MEEQ.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MEEQ.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.43 | OVERBOUGHT | The high Stochastics value suggests MEEQ.DE may be overbought. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for MEEQ.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 30.76 | POSITIVE | The high ADX value value for MEEQ.DE suggests a strong trend. |
FRA:MEEQ (1/8/2026, 7:00:00 PM)
17.352
-0.01 (-0.06%)
IVZ EUROPE EQUAL WEIGHT ACC / MEEQ.DE FAQ
What is the technical rating for MEEQ stock?
ChartMill assigns a technical rating of 7 / 10 to MEEQ.DE.
What is the current trend direction of IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) stock?
The current trend direction for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is Bullish.
What is the RSI signal for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) stock?
IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) has an RSI value of 79.9524. This indicates that the stock is currently overbought.
What is the short term momentum for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) stock?
The short term momentum for IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) is positive.
Can you provide the support and resistance levels for IVZ EUROPE EQUAL WEIGHT ACC?
IVZ EUROPE EQUAL WEIGHT ACC (MEEQ.DE) has a support level at 17.11 and a resistance level at 17.36. Check the full technical report for our detailed analysis of MEEQ.DE support and resistance levels.