FRA:ES50 - Deutsche Boerse Ag - IE000LXEN6X4 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to ES50. Both in the recent history as in the last year, ES50 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ES50 also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.79, a Stop Loss order could be placed below this zone.
5.79
We found 5 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 |
---|---|---|---|
6.88 | 6.65 | 0.23 (3.34%) | 25.00% |
An entry @6.88. This is a Buy Stop order right above the resistance zone. | An exit @6.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 3.34%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
FRA:ES50 (3/7/2025, 7:00:00 PM)
6.813
-0.05 (-0.74%)