Technical Analysis for XSD2 - db x-trackers ShortDAX® x2 Daily UCITS ETF

Grade Last Price % Change Price Change
D 82.08 0.27% 0.23
XSD2 closed down 0.47 percent on Wednesday, April 17, 2024, on 6.31 times normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Flat Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.27%
Shooting Star Candlestick Bearish 0.27%
Volume Surge Other 0.27%
Weak + Overbought Other 0.27%
Weak, Overbought and Reversal Signs Reversal 0.27%
Overbought Stochastic Strength 0.27%
Gapped Down Weakness 0.27%
50 DMA Resistance Bearish -0.20%
New Uptrend Bullish -0.20%
Pocket Pivot Bullish Swing Setup -0.20%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 2 hours ago
2x Volume Pace about 5 hours ago
1.5x Volume Pace about 5 hours ago
Shooting Star Candlestick Entry about 6 hours ago
Fell Below Previous Day's Low about 6 hours ago

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Profile

db x-trackers ShortDAX® x2 Daily UCITS ETF Description

The aim is for the investment to reflect the performance of the ShortDAX { {®}} x2 Index (Index) which provides two times the opposite performance of the DAX { {®}} Index (Underlying Index) on a daily basis plus a rate of interest. This means the level of the Index should rise at double the rate the Underlying Index falls and fall at double the rate the Underlying Index rises. The interest rate added to the Index level is based on three times the rate at which banks in the Eurozone lend to each other on an overnight basis (as calculated by the European Central Bank). The Underlying Index reflects the performance of the shares of 30 of the largest and most actively traded German companies (from any business sector) on the Frankfurt Stock Exchange. To be included on the Underlying Index, a company’s readily available shares must be continuously traded and represent at least 10% of all readily available shares on the Frankfurt Stock Exchange.


Classification

Keywords: Bank Banks Interest Rate Dax Deutsche Boerse Dax Index Economic Data European Central Bank Stock Market Index Future

Top 10 Components

Symbol Grade Price % Change Allocation
0QYP B 0.00 6.52
0R1O B 0.00 4.88
0RIH A 0.00 4.88
0KYY D 0.45 4.87
0R1W F 0.00 4.21
0R2V F 0.00 2.95
0L3I A 0.49 2.84
0R2L D 0.42 2.83
0L5V D 0.13 0.52

Is XSD2 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 117.92
52 Week Low 75.36
Average Volume 317,333
200-Day Moving Average 94.72
50-Day Moving Average 82.15
20-Day Moving Average 78.63
10-Day Moving Average 79.62
Average True Range 1.28
RSI (14) 57.45
ADX 33.83
+DI 35.71
-DI 27.76
Chandelier Exit (Long, 3 ATRs) 78.53
Chandelier Exit (Short, 3 ATRs) 79.21
Upper Bollinger Bands 82.41
Lower Bollinger Band 74.86
Percent B (%b) 0.93
BandWidth 9.60
MACD Line -0.17
MACD Signal Line -0.97
MACD Histogram 0.8051
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 82.92
Resistance 3 (R3) 82.97 82.68 82.74
Resistance 2 (R2) 82.68 82.41 82.65 82.68
Resistance 1 (R1) 82.27 82.24 82.47 82.21 82.62
Pivot Point 81.97 81.97 82.07 81.94 81.97
Support 1 (S1) 81.56 81.70 81.76 81.50 81.09
Support 2 (S2) 81.26 81.53 81.23 81.03
Support 3 (S3) 80.85 81.26 80.97
Support 4 (S4) 80.79