NYSE:DB - New York Stock Exchange, Inc. - DE0005140008 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DB is showing a nice and steady performance.
Although DB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
18.56
When analyzing the support we can see 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DB is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DB is up. |
ChartMill Relative Strength | 96.15 | POSITIVE | DB has a high relative strength, it outperformed 96.15% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 70.83 | OVERBOUGHT | The high RSI value suggests DB may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests DB may be overbought. |
Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for DB suggests low volalility. |
Average Directional Index/ADX (14) | 28.12 | POSITIVE | The high ADX value value for DB suggests a strong trend. |
28.46
+0.01 (+0.04%)