Deutsche Börse Aktiengesellschaft Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Deutsche Börse Aktiengesellschaft
(Updated on May 17, 2024)
The Deutsche Börse Aktiengesellschaft stock price gained 1.68% on the last trading day (Friday, 17th May 2024), rising from 181.50€ to 184.55€. During the last trading day the stock fluctuated 1.71% from a day low at 181.45€ to a day high of 184.55€. The price has fallen in 6 of the last 10 days and is down by -0.19% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 77 thousand more shares were traded than the day before. In total, 402 thousand shares were bought and sold for approximately 74.22€ million.
The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.98% during the next 3 months and, with a 90% probability hold a price between 171.56€ and 180.16€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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DB1.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, May 15, 2024, and so far it has risen 2.41%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Deutsche Börse Aktiengesellschaft stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at 185.61€. On a fall, the stock will find some support from the short-term average at 183.57€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
A buy signal from a double bottom formation was found on Wednesday, May 15, 2024 and based on theory for this formation the price should go up by 2.84% to 189.79€ within 14 trading days since signal was issued (Monday, May 20, 2024).
Support, Risk & Stop-loss for Deutsche Börse Aktiengesellschaft stock
Deutsche Börse Aktiengesellschaft finds support from accumulated volume at 181.45€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 3.10€ between high and low, or 1.71%. For the last week the stock has had daily average volatility of 2.40%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DB1.F) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Deutsche Börse Aktiengesellschaft to open at 183.52€, and during the day (based on 14 day Average True Range), to move between 181.44€ and 187.66€, which gives a possible trading interval of +/-3.11€ (+/-1.69%) up or down from last closing price. If Deutsche Börse Aktiengesellschaft takes out the full calculated possible swing range there will be an estimated 3.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 185.10€ (0.30%) than the support at 181.45€ (1.68%), 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 negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -2.300 Sell Candidate Unchanged
Predicted Opening Price for Deutsche Börse Aktiengesellschaft of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| 183.52€ ( 0.560%) | 184.55€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DB1.F
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 186.62 | 1.12 % | |
| R2 | 185.43 | 0.478 % | ||
| R1 | 184.70 | 0.0817 % | ||
| Current price: | 184.55 | |||
| Support | S1 | 182.33 | -1.20 % | |
| S2 | 181.60 | -1.60 % | ||
| S3 | 180.42 | -2.24 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 188.25 | 2.00 % | |
| R2 | 185.25 | 0.379 % | ||
| R1 | 185.10 | 0.298 % | ||
| Current price | 184.55 | |||
| Support | S1 | 181.45 | -1.68% | |
| S2 | 180.70 | -2.09% | ||
| S3 | 180.20 | -2.36% |
DB1 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 15, 2024 | May 15, 2024 | May 15, 2024 | 0€ | 0% |
| 2 | May 17, 2023 | May 17, 2023 | May 17, 2023 | 3.60€ | 0% |
| 3 | May 19, 2022 | May 19, 2022 | May 19, 2022 | 3.20€ | 0% |
| 4 | May 20, 2021 | May 20, 2021 | May 20, 2021 | 3.00€ | 0% |
| 5 | Feb 18, 2020 | May 20, 2020 | May 22, 2020 | 2.90€ | 0% |
FAQ
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