FRA:ELFA - Deutsche Boerse Ag - DE000ETFL466 - ETF - Currency: EUR
Taking everything into account, ELFA 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, ELFA is showing a nice and steady performance.
Besides having an excellent technical rating, ELFA 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.
103.61
We found 4 important support areas.
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 |
---|---|---|---|
126.59 | 123.55 | 3.04 (2.40%) | 25.00% |
An entry @126.59. This is a Buy Stop order right above the resistance zone. | An exit @123.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.04 points, which is 2.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
FRA:ELFA (3/7/2025, 7:00:00 PM)
124.48
-0.98 (-0.78%)