AM S&P G HEALTH CAR ETF DR U (WELG.DE) Stock Technical Analysis
FRA:WELG - Deutsche Boerse Ag - IE000JKS50V3 - ETF - Currency: EUR
Overall WELG gets a technical rating of 0 out of 10. WELG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WELG is a bad performer in the overall market: 89% of all stocks are doing better.
WELG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: WELG has an average volume of 5578 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month WELG has a been trading in a tight range between 9.72 and 10.15.
Volume is considerably higher in the last couple of days.
The technical rating of WELG is bad and it also does not present a 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
9.53
12.19
When analyzing the support we notice one important area.
- A support zone ranging from 9.63 to 9.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.80 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.38 from a horizontal line in the daily time frame.
- Resistance @11.43 from a horizontal line in the daily time frame.
- Resistance @12.07 from a horizontal line in the weekly time frame.
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 WELG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WELG.DE is down. |
| ChartMill Relative Strength | 11.22 | NEGATIVE | WELG.DE has a low relative strength, it was outperformed by 88.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WELG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WELG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WELG.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.27 | NEUTRAL | The RSI value for WELG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WELG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.61 | OVERSOLD | The low Stochastics value suggests WELG.DE may be oversold. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for WELG.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for WELG.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:WELG (6/27/2025, 7:00:00 PM)
9.774
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.56%
2 Weeks-3.36%
1 Month-1.45%
3 Month-12.83%
6 Month-12.53%
12 Month-11.53%
2 Year-2.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.77%
ATR Inc-58.93%
Range Today0.02
ADR(20)0.06
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.22
Mansfield-1.88
10 Day High10.11
10 Day Low9.72
20 Day High10.15
20 Day Low9.72
52 Week High12.19
52 Week Low9.69
CS1 End9.75
CR1 Start9.8
Volume & EV
DER(3)0%
DER(5)0%
Volume4.93K
Volume Incr200.5%
Vol(5)16.22K
Vol(50)5.58K