TRATON SE (8TRA.DE) Stock Technical Analysis
FRA:8TRA - Deutsche Boerse Ag - DE000TRAT0N7 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to 8TRA. 8TRA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, 8TRA does present a nice setup opportunity. 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 resistance zone just above the current price starting at 30.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 8TRA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
25.79
We found 2 important support areas.
- A support zone ranging from 28.27 to 29.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.05 to 26.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.08 to 30.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.00 to 31.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.70 to 31.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 |
|---|---|---|---|
| 30.24 | 28.26 | 1.98 (6.55%) | 15.27% |
| An entry @30.24. This is a Buy Stop order right above the resistance zone. | An exit @28.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.98 points, which is 6.55%. | For a 1.00% total portfolio risk, you can invest 15.27% 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.
TRATON SE
FRA:8TRA (2/5/2025, 5:29:29 PM)
29.6
-0.25 (-0.84%)