FRA:BMW3 - Deutsche Boerse Ag - DE0005190037 - Currency: EUR
Taking everything into account, BMW3 scores 6 out of 10 in our technical rating. In the last year, BMW3 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, BMW3 does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 74.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMW3 in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
70.14
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
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 |
---|---|---|---|
81.09 | 74.54 | 6.55 (8.08%) | 12.38% |
An entry @81.09. This is a Buy Stop order right above the resistance zone. | An exit @74.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.55 points, which is 8.08%. | For a 1.00% total portfolio risk, you can invest 12.38% of your capital in this trade. |
FRA:BMW3 (3/7/2025, 5:29:40 PM)
77.8
-2.2 (-2.75%)