DX2G holds near its highs as volume steadies
Xtrackers Germany ETF (DX2G) +0.4%: price stalls under the highs as buyers step back in
DX2G holds near its highs as volume steadies
Our view last week
Weekly technical analysis on DX2G, the Xtrackers ETF on German equities (MSCI Germany): after last week's slide - 71% sell volume, price -2.1% - the picture is stabilizing. Volume swings back into balance, 50-50, price closes flat and the daily double bottom in the 85 area still holds, with a 5% rebound. The stock is boxed between the 20-day average resistance, 87 area, and the pivot-point support, 86.6 area. The trade's gain holds up, at +3.32%.
This week's summary
In our DX2G technical analysis, the Xtrackers MSCI Germany UCITS ETF closes another quiet week, +0.4%, but keeps holding tight inside the band between the 20-day average support, in the 87 area, and the recent-highs resistance, in the 87.8 area. After last week's held double bottom, buyers reclaim a small edge on volume, 56 against 44, and the daily chart just printed a bullish engulfing candle: the trade stays up 3.79% since entry.
IQS Phase
58
ordinary
Signal Strength
40
medium · weak
Sizing
REDUCED
Ranking
#44 / 59
EU-UK stocks in progress
Trade P&L %
+3.79%
from signal to today
Rank position
ranks 44th among the 59 Longs already running for European-UK stocks in our ranking, with a signal strength of 40 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
DX2G belongs to the etf broad sector (reference ETF ).
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