AM S&P G HEALTH CAR ETF DR U (WELG.DE) Stock Technical Analysis
Europe - FRA:WELG - IE000JKS50V3 - ETF
Overall WELG gets a technical rating of 6 out of 10. Although WELG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, WELG does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 10.53, a Stop Loss order could be placed below this zone.
More info and screens
9.26
We found 3 important support areas.
- A support zone ranging from 10.47 to 10.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.80 to 10.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.35 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @10.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.08 to 12.11. 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 WELG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WELG.DE is up. |
| ChartMill Relative Strength | 34.1 | NEUTRAL | WELG.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WELG.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WELG.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WELG.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.24 | 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) | 51.35 | NEUTRAL | The Stochastics value for WELG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for WELG.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for WELG.DE suggests a possible start of a new 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 |
|---|---|---|---|
| 10.64 | 10.46 | 0.18 (1.69%) | 25.00% |
| An entry @10.64. This is a Buy Stop order right above the resistance zone. | An exit @10.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 1.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:WELG (11/5/2025, 7:00:00 PM)
10.552
0 (-0.02%)
AM S&P G HEALTH CAR ETF DR U / WELG.DE FAQ
What is the ChartMill technical rating of AM S&P G HEALTH CAR ETF DR U (WELG.DE) stock?
ChartMill assigns a technical rating of 6 / 10 to WELG.DE.
Can you provide the trend direction for AM S&P G HEALTH CAR ETF DR U?
The current trend direction for AM S&P G HEALTH CAR ETF DR U (WELG.DE) is Bullish.
What is the RSI signal for WELG stock?
AM S&P G HEALTH CAR ETF DR U (WELG.DE) has an RSI value of 58.2443. This indicates that the stock is currently neutral.
What is the short term momentum for WELG stock?
The short term momentum for AM S&P G HEALTH CAR ETF DR U (WELG.DE) is positive.
What is the support and resistance level for WELG stock?
AM S&P G HEALTH CAR ETF DR U (WELG.DE) has a support level at 10.53 and a resistance level at 10.63. Check the full technical report for our detailed analysis of WELG.DE support and resistance levels.