FRA:SPYJ - Deutsche Boerse Ag - IE00B8GF1M35 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to SPYJ. SPYJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SPYJ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.25, a Stop Loss order could be placed below this zone.
27.05
2 important support areas can be observed.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for SPYJ.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPYJ.DE is neutral. |
ChartMill Relative Strength | 21.88 | NEGATIVE | SPYJ.DE has a low relative strength, it was outperformed by 78.12% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPYJ.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPYJ.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPYJ.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.44 | NEUTRAL | The RSI value for SPYJ.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SPYJ.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 73.4 | NEUTRAL | The Stochastics value for SPYJ.DE is a neutral value. |
Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for SPYJ.DE suggests low volalility. |
Average Directional Index/ADX (14) | 18.44 | NEGATIVE | The low ADX value for SPYJ.DE suggests a weak or negative trend. |
FRA:SPYJ (7/24/2025, 7:00:00 PM)
29.265
-0.11 (-0.36%)