EXPAT BULGARIA SOFIX UCITS (BGX.DE) Stock Technical Analysis
FRA:BGX - Deutsche Boerse Ag - BG9000011163 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to BGX. Both in the recent history as in the last year, BGX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BGX has an average volume of 14318 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.
Looking at the yearly performance, BGX did better than 88% of all other stocks. We also observe that the gains produced by BGX over the past year are nicely spread over this period.
BGX is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BGX has a been trading in the 0.60 - 0.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
BGX 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. There is a resistance zone just above the current price starting at 0.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
0.51
0.66
5 important support areas can be observed.
- A support zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.59 from a horizontal line in the daily time frame.
- Support @0.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.64 to 0.65. 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
CRS88.64
Mansfield-0.72
10 Day High0.65
10 Day Low0.61
20 Day High0.65
20 Day Low0.6
52 Week High0.65
52 Week Low0.46
Performance
1 Week0.73%
2 Weeks1.24%
1 Month1.89%
3 Month0.68%
6 Month6.13%
12 Month36.89%
2 Year34.8%
3 Year27.49%
5 Year68.39%
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
RSI(14)57.28
LBB0.62
UBB0.64
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 |
|---|---|---|---|
| 0.66 | 0.62 | 0.04 (6.06%) | 16.50% |
| An entry @0.66. This is a Buy Stop order right above the resistance zone. | An exit @0.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.04 points, which is 6.06%. | When investing 16.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:BGX (3/5/2025, 7:00:00 PM)
0.6372
+0.01 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.92%
1 Week0.73%
2 Weeks1.24%
1 Month1.89%
3 Month0.68%
6 Month6.13%
12 Month36.89%
2 Year34.8%
3 Year27.49%
5 Year68.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.38%
ATR Inc-39.23%
Range Today0.01
ADR(20)0.01
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.64
Mansfield-0.72
10 Day High0.65
10 Day Low0.61
20 Day High0.65
20 Day Low0.6
52 Week High0.65
52 Week Low0.46
CS1 End0.63
CR1 Start0.64
Volume & EV
DER(3)0%
DER(5)0%
Volume3.00K
Volume Incr-75.03%
Vol(5)1.61K
Vol(50)14.32K