INVESCO FTSE RAFI EMERGING (6PSK.DE) Stock Technical Analysis
FRA:6PSK - Deutsche Boerse Ag - IE00B23D9570 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to 6PSK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 6PSK is showing a nice and steady performance.
In the last month 6PSK has a been trading in the 8.80 - 9.33 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: 6PSK has an average volume of 6350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that 6PSK is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, 6PSK also shows a nice and consistent pattern of rising prices.
6PSK is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so 6PSK slightly outperforms the market at the moment.
6PSK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.81, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.05
9.41
4 important support areas can be observed.
- A support zone ranging from 8.41 to 8.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.25 from a trend line in the weekly time frame.
- Support @7.78 from a horizontal line in the weekly time frame.
- Support @7.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.98 to 9.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.32 to 9.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.6
Mansfield0.32
10 Day High9.33
10 Day Low8.8
20 Day High9.33
20 Day Low8.8
52 Week High9.33
52 Week Low7.58
Performance
1 Week-0.92%
2 Weeks-3.55%
1 Month0.35%
3 Month2.45%
6 Month12.91%
12 Month16.4%
2 Year22.5%
3 Year10.88%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)46.66
LBB8.73
UBB9.32
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 |
|---|---|---|---|
| 8.99 | 8.79 | 0.20 (2.20%) | 25.00% |
| An entry @8.99. This is a Buy Stop order right above the 10 day moving average. | An exit @8.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 2.20%. | For a 0.55% total portfolio risk, you can invest 25.00% 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.
FRA:6PSK (3/7/2025, 7:00:00 PM)
8.857
-0.02 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week-0.92%
2 Weeks-3.55%
1 Month0.35%
3 Month2.45%
6 Month12.91%
12 Month16.4%
2 Year22.5%
3 Year10.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.35%
ATR Inc-17.18%
Range Today0.12
ADR(20)0.09
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.6
Mansfield0.32
10 Day High9.33
10 Day Low8.8
20 Day High9.33
20 Day Low8.8
52 Week High9.33
52 Week Low7.58
CS1 End8.81
CR1 Start8.98
Volume & EV
DER(3)0%
DER(5)0%
Volume8.75K
Volume Incr-12.13%
Vol(5)7.31K
Vol(50)6.35K