FRA:MTX - Deutsche Boerse Ag - DE000A0D9PT0 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to MTX. Although MTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 291.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 269.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTX in the last couple of days, which is a good sign.
262.35
We found 1 important support area.
2 important resistance areas can be observed.
FRA:MTX (4/25/2025, 7:00:00 PM)
291.1
+12.9 (+4.64%)