FRA:BAYN - Deutsche Boerse Ag - DE000BAY0017 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to BAYN. BAYN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BAYN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.77, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
22.18
3 important resistance areas can be observed.
FRA:BAYN (3/27/2025, 12:16:06 PM)
22.4
-0.39 (-1.69%)