FRA:WIG1 - Deutsche Boerse Ag - DE000A1EMG56 - Common Stock - Currency: EUR
Taking everything into account, WIG1 scores 2 out of 10 in our technical rating. In the past year, WIG1 was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
WIG1 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.03, a Stop Loss order could be placed below this zone.
0.03
We found 1 important support area.
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The long term trend for WIG1.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIG1.DE is neutral. |
ChartMill Relative Strength | 0.7 | NEGATIVE | WIG1.DE has a low relative strength, it was outperformed by 99.3% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WIG1.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WIG1.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WIG1.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for WIG1.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WIG1.DE has a positive trend. |
Stochastics (14,3) | 36.4 | NEUTRAL | The Stochastics value for WIG1.DE is a neutral value. |
Average True Range in percent/ATR (20) | 25.44 | HIGH VOLATILITY | The high ATR as a percentage value for WIG1.DE suggests high volalility. |
Average Directional Index/ADX (14) | 41.01 | POSITIVE | The high ADX value value for WIG1.DE suggests a strong trend. |
FRA:WIG1 (6/3/2025, 7:00:00 PM)
0.0395
+0.01 (+19.7%)