ISH MSCI EMU ESG EHNCD USD-A (EDM4.DE) Stock Technical Analysis
FRA:EDM4 - Deutsche Boerse Ag - IE00BHZPJ015 - ETF - Currency: EUR
Taking everything into account, EDM4 scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EDM4 is showing a nice and steady performance.
Besides having an excellent technical rating, EDM4 also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.46, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.24
We found 6 important support areas.
- A support zone ranging from 8.36 to 8.46. 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 8.08 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.86 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.69 from a horizontal line in the daily time frame.
- A support zone ranging from 7.43 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.48 to 8.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 8.57 | 8.35 | 0.22 (2.57%) | 25.00% |
| An entry @8.57. This is a Buy Stop order right above the resistance zone. | An exit @8.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 2.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- 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.
FRA:EDM4 (3/7/2025, 7:00:00 PM)
8.463
-0.05 (-0.59%)