Deutsche Börse Aktiengesellschaft Stock Forecast

Deutsche Börse Aktiengesellschaft stock price up 0.131% on Tuesday
(Updated on Jul 02, 2024)

DB1.DE Signals & Forecast

The Deutsche Börse Aktiengesellschaft stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately 192.16€. On a fall, the stock will find some support from the long-term average at approximately 186.23€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -1.68%. Further fall is indicated until a new bottom pivot has been found.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Wednesday, May 15, 2024 with a target of 189.79€. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for Deutsche Börse Aktiengesellschaft stock

Deutsche Börse Aktiengesellschaft finds support from accumulated volume at 182.90€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 2.35€ (1.25%) between high and low. For the last week, the stock has had daily average volatility of 1.78%.

Our recommended stop-loss: 183.97€ (-3.55%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (DB1.DE) For The Upcoming Trading Day Of Wednesday 3rd

For the upcoming trading day on Wednesday, 3rd we expect Deutsche Börse Aktiengesellschaft to open at 190.17€, and during the day (based on 14 day Average True Range), to move between 187.69€ and 193.81€, which gives a possible trading interval of +/-3.06€ (+/-1.60%) up or down from last closing price. If Deutsche Börse Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 191.10€ (0.18%) than the support at 182.90€ (4.12%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Deutsche Börse Aktiengesellschaft stock A Buy?

Deutsche Börse Aktiengesellschaft holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.363 Hold/Accumulate Unchanged

Predicted Opening Price for Deutsche Börse Aktiengesellschaft of Wednesday, July 3, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.