FRA:ELFF - Deutsche Boerse Ag - DE000ETFL532 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to ELFF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELFF is only an average performer.
Although the technical rating is only medium, ELFF does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 957.84, a Stop Loss order could be placed below this zone.
904.24
2 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 |
---|---|---|---|
960.31 | 957.69 | 2.62 (0.27%) | 25.00% |
An entry @960.31. This is a Buy Stop order right above the 10 day moving average. | An exit @957.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.62 points, which is 0.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
FRA:ELFF (3/7/2025, 7:00:00 PM)
959.22
-0.84 (-0.09%)