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L&G DAX Daily 2x Short UCITS ETF

DES2.DE•XETRA
Financial Services
Asset Management - Leveraged
€0.62
€0.02(2.61%)
German Market opens in 61h 17m

L&G DAX Daily 2x Short UCITS ETF (DES2.DE) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for L&G DAX Daily 2x Short UCITS ETF (XETRA:DES2.DE).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DES2.DE Technical Analysis Summary

L&G DAX Daily 2x Short UCITS ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.92)
Trend Strength:Moderate (ADX: 27.80)
Volatility:Medium (ATR: 0.03)
Support/Resistance:$0.60 – $0.72 (Bollinger Bands)

This mix signals that L&G DAX Daily 2x Short UCITS ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.88

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.89

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.11

Bearish
Selling pressure outweighs buying.

Takeaway:L&G DAX Daily 2x Short UCITS ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.80

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -160.34

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:L&G DAX Daily 2x Short UCITS ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.72
Middle Band (SMA 20)
$0.66
Lower Band
$0.60
Current Position
Within Bands

Takeaway:L&G DAX Daily 2x Short UCITS ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.71
Middle Line (EMA 20)
$0.65
Lower Channel
$0.60
Squeeze Status
No Squeeze

Takeaway:L&G DAX Daily 2x Short UCITS ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume15.27M
Money Flow Index57.31Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.06Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DES2.DE shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of L&G DAX Daily 2x Short UCITS ETF, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for L&G DAX Daily 2x Short UCITS ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ