AMUNDI STOXX EUROPE 600 ESG (AME6.DE) Stock Technical Analysis
FRA:AME6 - Deutsche Boerse Ag - LU1681040223 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to AME6. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AME6 is showing a nice and steady performance.
Warning: AME6 has an average volume of 12269 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AME6 did better than 75% of all other stocks. We also observe that the gains produced by AME6 over the past year are nicely spread over this period.
AME6 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 AME6 slightly outperforms the market at the moment.
In the last month AME6 has a been trading in a tight range between 133.38 and 138.70.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AME6 also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
118.53
139.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 124.56 to 128.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @122.11 from a horizontal line in the weekly time frame.
- A support zone ranging from 119.73 to 119.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.45 to 138.39. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS75.14
Mansfield0.42
10 Day High138.7
10 Day Low135.24
20 Day High138.7
20 Day Low133.38
52 Week High138.7
52 Week Low118.84
Performance
1 Week-0.83%
2 Weeks0.29%
1 Month1.52%
3 Month6.31%
6 Month9.31%
12 Month12.2%
2 Year26.66%
3 Year30.8%
5 Year94.04%
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)-0.33
RSI(14)56.99
LBB135.21
UBB138.05
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 |
|---|---|---|---|
| 136.77 | 135.23 | 1.54 (1.12%) | 25.00% |
| An entry @136.77. This is a Buy Stop order right above the 10 day moving average. | An exit @135.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.54 points, which is 1.12%. | For a 0.28% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AME6. Please evaluate whether better entry and exit points can be found.
- 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:AME6 (3/7/2025, 7:00:00 PM)
136.16
-0.38 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-0.83%
2 Weeks0.29%
1 Month1.52%
3 Month6.31%
6 Month9.31%
12 Month12.2%
2 Year26.66%
3 Year30.8%
5 Year94.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%0.94%
ATR Inc5.66%
Range Today1.12
ADR(20)1.12
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.14
Mansfield0.42
10 Day High138.7
10 Day Low135.24
20 Day High138.7
20 Day Low133.38
52 Week High138.7
52 Week Low118.84
CS1 End128.78
CR1 Start136.45
Volume & EV
DER(3)0%
DER(5)0%
Volume8.79K
Volume Incr166.38%
Vol(5)39.05K
Vol(50)12.27K