Deka MDAX reversalMultiple indicators show a potential for a reversal or at least a retracement:
- a rally started around February 2016, that broke resistance in December to continue with a bump (see the slope of the purple lines). This could be a typical "Bump and run" pattern
- second top of a double top forming no
Key stats
About Deka MDAX UCITS ETF
Home page
Inception date
Apr 11, 2014
Structure
German Index Fund
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Deka Investment GmbH
ISIN
DE000ETFL441
The Deka MDAX UCITS ETF is a UCITS IV compliant mutual fund that tracks the performance of the MDAX index (performance index). The index comprises 60 medium-sized German stock corporations as well as foreign companies mainly active in Germany which follow the 30 DAX stocks
Classification
What's in the fund
Exposure type
Producer Manufacturing
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ELF1 trades at 278.65 EUR today, its price has fallen −1.59% in the past 24 hours. Track more dynamics on ELF1 price chart.
ELF1 net asset value is 286.34 today — it's risen 2.85% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ELF1 assets under management is 967.76 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ELF1 price has risen by 1.42% over the last month, and its yearly performance shows a 11.30% increase. See more dynamics on ELF1 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.85% over the last month, showed a 7.22% increase in three-month performance and has increased by 13.91% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.85% over the last month, showed a 7.22% increase in three-month performance and has increased by 13.91% in a year.
ELF1 fund flows account for 569.86 M EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ELF1 invests in stocks. See more details in our Analysis section.
ELF1 expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ELF1 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ELF1 technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ELF1 shows the buy signal. See more of ELF1 technicals for a more comprehensive analysis.
Today, ELF1 technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ELF1 shows the buy signal. See more of ELF1 technicals for a more comprehensive analysis.
No, ELF1 doesn't pay dividends to its holders.
ELF1 trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ELF1 shares are issued by Deutscher Sparkassen-und Giroverband eV
ELF1 follows the MDAX Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 11, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.