FRA:ECR3 - Deutsche Boerse Ag - LU2037748774 - ETF - Currency: EUR
Taking everything into account, ECR3 scores 6 out of 10 in our technical rating. Although ECR3 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, ECR3 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 52.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
50.23
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 |
---|---|---|---|
52.79 | 52.56 | 0.23 (0.44%) | 25.00% |
An entry @52.79. This is a Buy Stop order right above the resistance zone. | An exit @52.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 0.44%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:ECR3 (3/7/2025, 7:00:00 PM)
52.68
+0.02 (+0.05%)