AM LEVDAX DAILY 2X LEV-ETF A (DAXLEV.MI) Stock Technical Analysis
BIT:DAXLEV - Euronext Milan - LU0252634307 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to DAXLEV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAXLEV is showing a nice and steady performance.
Warning: DAXLEV has an average volume of 2191 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DAXLEV is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by DAXLEV over the past year are nicely spread over this period.
A new 52 week high is currently being made by DAXLEV, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so DAXLEV is leading the market.
In the last month DAXLEV has a been trading in the 166.70 - 249.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DAXLEV has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
160.63
251.29
3 important support areas can be observed.
- A support zone ranging from 188.47 to 190.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.59 from a trend line in the weekly time frame.
- Support @162.25 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.57
Mansfield4.07
10 Day High249
10 Day Low187.7
20 Day High249
20 Day Low166.7
52 Week High249
52 Week Low77.13
Performance
1 Week10.41%
2 Weeks31.28%
1 Month42.22%
3 Month57.47%
6 Month60.7%
12 Month228.32%
2 Year97.37%
3 Year126.92%
5 Year174.92%
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)4.75
RSI(14)73.08
LBB163.2
UBB262.81
BIT:DAXLEV (3/6/2025, 7:00:00 PM)
248.8
+7.05 (+2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.92%
1 Week10.41%
2 Weeks31.28%
1 Month42.22%
3 Month57.47%
6 Month60.7%
12 Month228.32%
2 Year97.37%
3 Year126.92%
5 Year174.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.79
ATR(20)%3.3%
ATR Inc38.94%
Range Today7.45
ADR(20)4.46
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.57
Mansfield4.07
10 Day High249
10 Day Low187.7
20 Day High249
20 Day Low166.7
52 Week High249
52 Week Low77.13
CS1 End190.06
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume4.84K
Volume Incr37.26%
Vol(5)2.80K
Vol(50)2.19K