FRA:COP - Deutsche Boerse Ag - DE000A288904 - Common Stock - Currency: EUR
Taking everything into account, COP scores 7 out of 10 in our technical rating. Although COP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
COP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.56, a Stop Loss order could be placed below this zone.
21.24
We found 2 important support areas.
When analyzing the resistance we notice 3 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 |
---|---|---|---|
23.11 | 22.11 | 1.00 (4.33%) | 23.11% |
An entry @23.11. This is a Buy Stop order right above the resistance zone. | An exit @22.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 4.33%. | For a 1.00% total portfolio risk, you can invest 23.11% of your capital in this trade. |
FRA:COP (3/7/2025, 7:00:00 PM)
22.6
+0.1 (+0.44%)