FRA:MTE - Deutsche Boerse Ag - US5951121038 - Common Stock - Currency: EUR
Overall MTE gets a technical rating of 5 out of 10. MTE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MTE 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 resistance zone just above the current price starting at 85.47. Right above this resistance zone may be a good entry point.
80.82
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important 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 | NEUTRAL | NEUTRAL | The long term trend for MTE.DE is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTE.DE is up. |
ChartMill Relative Strength | 11.14 | NEGATIVE | MTE.DE has a low relative strength, it was outperformed by 88.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTE.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTE.DE is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTE.DE is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for MTE.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests MTE.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 74.77 | NEUTRAL | The Stochastics value for MTE.DE is a neutral value. |
Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for MTE.DE suggests some volalility. |
Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for MTE.DE suggests a possible start of a new trend. |
FRA:MTE (5/27/2025, 7:00:00 PM)
85.01
+1.03 (+1.23%)