FRA:BCY - Deutsche Boerse Ag - GB0031348658 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to BCY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, BCY 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 3.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
3.06
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
3.70 | 3.56 | 0.14 (3.76%) | 25.00% |
An entry @3.70. This is a Buy Stop order right above the resistance zone. | An exit @3.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 3.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
FRA:BCY (3/7/2025, 7:00:00 PM)
3.601
-0.12 (-3.12%)