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L&G DAX DAILY 2X LONG (DEL2.DE) Stock Technical Analysis

FRA:DEL2 - Deutsche Boerse Ag - IE00B4QNHH68 - ETF - Currency: EUR

654.6  -21.1 (-3.12%)

Technical Rating and Analysis

10

Overall DEL2 gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DEL2 is showing a nice and steady performance.

Warning: DEL2 has an average volume of 1427 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!
Looking at the yearly performance, DEL2 did better than 96% of all other stocks. We also observe that the gains produced by DEL2 over the past year are nicely spread over this period.
DEL2 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 DEL2 has a been trading in the 593.60 - 681.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
L&G DAX DAILY 2X LONG / DEL2 Weekly stock chart
L&G DAX DAILY 2X LONG / DEL2 Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, DEL2 also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 641.68, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

487.58

661.15

We found 5 important support areas.

  • A support zone ranging from 629.71 to 641.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 619.59 to 619.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 571.54 to 581.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @535.62 from a trend line in the weekly time frame.
  • Support @492.51 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.71
Mansfield3.18
10 Day High681.5
10 Day Low617.5
20 Day High681.5
20 Day Low593.6
52 Week High681.5
52 Week Low390
Performance
1 Week3.36%
2 Weeks5.41%
1 Month9.03%
3 Month24.07%
6 Month50.85%
12 Month53.03%
2 Year86.12%
3 Year105.72%
5 YearN/A
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)0.27
RSI(14)59.13
LBB604.18
UBB676.52
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
681.51629.7051.81 (7.60%)13.15%
An entry @681.51. This is a Buy Stop order right above the 10 day high.An exit @629.70. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 51.81 points, which is 7.60%.When investing 13.15% 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.
L&G DAX DAILY 2X LONG / DEL2 Daily stock chart

L&G DAX DAILY 2X LONG

FRA:DEL2 (3/7/2025, 7:00:00 PM)

654.6

-21.1 (-3.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.12%
1 Week3.36%
2 Weeks5.41%
1 Month9.03%
3 Month24.07%
6 Month50.85%
12 Month53.03%
2 Year86.12%
3 Year105.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)21.44
ATR(20)%2.82%
ATR Inc19.48%
Range Today18.1
ADR(20)15.03
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.71
Mansfield3.18
10 Day High681.5
10 Day Low617.5
20 Day High681.5
20 Day Low593.6
52 Week High681.5
52 Week Low390
CS1 End641.68
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.09K
Volume Incr33.09%
Vol(5)2.00K
Vol(50)1.43K