FRA:EL42 - Deutsche Boerse Ag - DE000ETFL284 - ETF - Currency: EUR
Overall EL42 gets a technical rating of 9 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, EL42 is showing a nice and steady performance.
EL42 has an excellent technical rating and 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
16.42
3 important support areas can be observed.
When analyzing the resistance we notice one important 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 |
---|---|---|---|
18.83 | 18.66 | 0.17 (0.88%) | 25.00% |
An entry @18.83. This is a Buy Stop order right above the 10 day moving average. | An exit @18.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 0.88%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:EL42 (3/7/2025, 7:00:00 PM)
18.726
-0.05 (-0.28%)