FRA:5MVW - Deutsche Boerse Ag - IE00BJ5JP105 - ETF - Currency: EUR
Taking everything into account, 5MVW scores 0 out of 10 in our technical rating. 5MVW 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, 5MVW 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 5.82. Right above this resistance zone may be a good entry point.
5.75
We can see 5 important resistance areas.
FRA:5MVW (4/25/2025, 7:00:00 PM)
5.811
+0.01 (+0.24%)