Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
Deutsche Boerse Ag / Communication Services / Diversified Telecommunication Services
Overall DTE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DTE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DTE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 28.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.51, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.12
4 important support areas can be observed.
- A support zone ranging from 27.03 to 28.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.02 from a horizontal line in the daily time frame.
- Support @23.20 from a trend line in the weekly time frame.
- Support @22.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.81 to 28.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 28.82 | 27.65 | 1.17 (4.06%) | 24.63% |
| An entry @28.82. This is a Buy Stop order right above the resistance zone. | An exit @27.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.17 points, which is 4.06%. | For a 1.00% total portfolio risk, you can invest 24.63% of your capital in this trade. |
- 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.