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L&G EUROPE EX UK EQUITY (ETLN.DE) Stock Technical Analysis

FRA:ETLN - Deutsche Boerse Ag - IE00BFXR5V83 - ETF - Currency: EUR

18.392  -0.05 (-0.28%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ETLN. Both in the recent history as in the last year, ETLN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ETLN has an average volume of 1939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETLN did better than 84% of all other stocks. We also observe that the gains produced by ETLN over the past year are nicely spread over this period.
ETLN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ETLN has a been trading in the 17.36 - 18.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
L&G EUROPE EX UK EQUITY / ETLN Weekly stock chart
L&G EUROPE EX UK EQUITY / ETLN Daily stock chart
Setup Rating and Analysis

6

Although ETLN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

15.90

18.94

2 important support areas can be observed.

  • A support zone ranging from 17.02 to 17.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.06 to 16.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @18.75 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield0.39
10 Day High18.75
10 Day Low18.18
20 Day High18.75
20 Day Low17.36
52 Week High18.75
52 Week Low15.16
Performance
1 Week-0.62%
2 Weeks0.55%
1 Month5.59%
3 Month10.86%
6 Month12.56%
12 Month18.22%
2 Year30.02%
3 Year33.53%
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)-0.01
RSI(14)61.23
LBB17.86
UBB18.77
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
18.4318.170.26 (1.42%)25.00%
An entry @18.43. This is a Buy Stop order right above the 10 day moving average.An exit @18.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.26 points, which is 1.42%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%.

  • The distance between exit and entry is rather small compared to the average daily movement of ETLN. Please evaluate whether better entry and exit points can be found.
  • 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.
L&G EUROPE EX UK EQUITY / ETLN Daily stock chart

L&G EUROPE EX UK EQUITY

FRA:ETLN (3/7/2025, 7:00:00 PM)

18.392

-0.05 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-0.62%
2 Weeks0.55%
1 Month5.59%
3 Month10.86%
6 Month12.56%
12 Month18.22%
2 Year30.02%
3 Year33.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.99%
ATR Inc8.32%
Range Today0.03
ADR(20)0.11
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield0.39
10 Day High18.75
10 Day Low18.18
20 Day High18.75
20 Day Low17.36
52 Week High18.75
52 Week Low15.16
CS1 End17.3
CR1 Start18.75
Volume & EV
DER(3)0%
DER(5)0%
Volume70
Volume Incr477.8%
Vol(5)4.21K
Vol(50)1.94K