FRA:NEM - Deutsche Boerse Ag - DE0006452907 - Common Stock - Currency: EUR
Taking everything into account, NEM scores 7 out of 10 in our technical rating. NEM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NEM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 120.39, a Stop Loss order could be placed below this zone.
93.01
5 important support areas can be observed.
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 NEM.DE is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEM.DE is neutral. |
ChartMill Relative Strength | 88.86 | POSITIVE | NEM.DE has a high relative strength, it outperformed 88.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEM.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEM.DE is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEM.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for NEM.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NEM.DE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 65.39 | NEUTRAL | The Stochastics value for NEM.DE is a neutral value. |
Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for NEM.DE suggests some volalility. |
Average Directional Index/ADX (14) | 14.64 | NEGATIVE | The low ADX value for NEM.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 |
---|---|---|---|
121.62 | 117.67 | 3.95 (3.25%) | 25.00% |
An entry @121.62. This is a Buy Stop order right above the resistance zone. | An exit @117.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.95 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
FRA:NEM (7/4/2025, 7:00:00 PM)
120.4
-0.1 (-0.08%)