INVESCO CURRENCYSHARES EURO (FXE) Stock Technical Analysis
NYSEARCA:FXE - NYSE Arca - US46138K1034 - ETF - Currency: USD
Overall FXE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FXE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
FXE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so FXE slightly outperforms the market at the moment.
In the last month FXE has a been trading in the 99.81 - 106.46 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FXE did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FXE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for FXE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
93.37
107.42
3 important support areas can be observed.
- A support zone ranging from 103.72 to 103.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 96.18 to 96.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 94.31 to 94.54. 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 105.02 to 106.36. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.06
Mansfield0.69
10 Day High106.46
10 Day Low104.48
20 Day High106.46
20 Day Low99.81
52 Week High106.46
52 Week Low94.08
Performance
1 Week0.01%
2 Weeks0.43%
1 Month5.09%
3 Month9.18%
6 Month4.65%
12 Month5.33%
2 Year2.77%
3 Year7.04%
5 Year1.05%
10 Year-5.2%
15 Year-21.19%
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)-0.1
RSI(14)59.48
LBB103.66
UBB106.22
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 |
|---|---|---|---|
| 105.20 | 104.47 | 0.73 (0.70%) | 25.00% |
| An entry @105.20. This is a Buy Stop order right above the 10 day moving average. | An exit @104.47. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.73 points, which is 0.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- The distance between exit and entry is rather small compared to the average daily movement of FXE. 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.
104.63
-0.49 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.47%
1 Week0.01%
2 Weeks0.43%
1 Month5.09%
3 Month9.18%
6 Month4.65%
12 Month5.33%
2 Year2.77%
3 Year7.04%
5 Year1.05%
10 Year-5.2%
15 Year-21.19%
Volatility
ATR(14)0.99
ATR(20)%1.02%
ATR Inc-54.19%
Range Today0.49
ADR(20)0.74
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.06
Mansfield0.69
10 Day High106.46
10 Day Low104.48
20 Day High106.46
20 Day Low99.81
52 Week High106.46
52 Week Low94.08
CS1 End103.96
CR1 Start105.02
Volume & EV
DER(3)2.19%
DER(5)3.51%
Volume160.40K
Volume Incr-55.63%
Vol(5)177.88K
Vol(50)232.81K