ISHARES EURO ULTRASHORT BOND (ERNX.DE) Stock Technical Analysis
FRA:ERNX - Deutsche Boerse Ag - IE000RHYOR04 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to ERNX. Although ERNX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by ERNX, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so ERNX is leading the market.
When compared to the yearly performance of all other stocks, ERNX outperforms 55% of them, which is more or less in line with the market.
In the last month ERNX has a been trading in a tight range between 5.40 and 5.42.
Besides having an excellent technical rating, ERNX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
5.00
5.48
2 important support areas can be observed.
- A support zone ranging from 5.40 to 5.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.05 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.43 to 5.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.44
Mansfield-0.12
10 Day High5.42
10 Day Low5.41
20 Day High5.42
20 Day Low5.4
52 Week High5.42
52 Week Low5.21
Performance
1 Week0.09%
2 Weeks0.14%
1 Month0.34%
3 Month0.83%
6 Month1.87%
12 Month3.9%
2 Year7.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)78.29
LBB5.41
UBB5.42
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 |
|---|---|---|---|
| 5.43 | 5.40 | 0.03 (0.56%) | 25.00% |
| An entry @5.43. This is a Buy Stop order right above the 10 day high. | An exit @5.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.56%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:ERNX (3/7/2025, 7:00:00 PM)
5.4188
+0 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week0.09%
2 Weeks0.14%
1 Month0.34%
3 Month0.83%
6 Month1.87%
12 Month3.9%
2 Year7.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%0.1%
ATR Inc18.05%
Range Today0.01
ADR(20)0.01
ADR(20)%0.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.44
Mansfield-0.12
10 Day High5.42
10 Day Low5.41
20 Day High5.42
20 Day Low5.4
52 Week High5.42
52 Week Low5.21
CS1 End5.42
CR1 Start5.43
Volume & EV
DER(3)0%
DER(5)0%
Volume864.17K
Volume Incr38.76%
Vol(5)578.31K
Vol(50)463.63K