DEUTSCHE BANK AG-REGISTERED (DB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DB - DE0005140008 - Common Stock
Taking everything into account, DB scores 10 out of 10 in our technical rating. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, DB did better than 93% of all other stocks. We also observe that the gains produced by DB over the past year are nicely spread over this period.
- DB is part of the Capital Markets industry. There are 237 other stocks in this industry. DB outperforms 94% of them.
- DB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DB has a been trading in the 37.12 - 40.43 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- DB has an average volume of 2467790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
32.20
4 important support areas can be observed.
- A support zone ranging from 37.05 to 39.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.13 from a trend line in the daily time frame.
- Support @33.58 from a horizontal line in the weekly time frame.
- Support @32.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @40.34 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for DB is neutral. |
| ChartMill Relative Strength | 93.03 | POSITIVE | DB has a high relative strength, it outperformed 93.03% 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) | 52.93 | NEUTRAL | The RSI value for DB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DB has a negative trend. |
| Stochastics (14,3) | 76.84 | NEUTRAL | The Stochastics value for DB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for DB suggests low volalility. |
| Average Directional Index/ADX (14) | 12.41 | NEGATIVE | The low ADX value for DB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.35 | 37.11 | 3.24 (8.03%) | 12.45% |
| An entry @40.35. This is a Buy Stop order right above the resistance zone. | An exit @37.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.24 points, which is 8.03%. | When investing 12.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
39.12
-0.42 (-1.06%)
DEUTSCHE BANK AG-REGISTERED / DB FAQ
What is the ChartMill technical rating of DEUTSCHE BANK AG-REGISTERED (DB) stock?
ChartMill assigns a technical rating of 10 / 10 to DB.
What is the current trend direction of DEUTSCHE BANK AG-REGISTERED (DB) stock?
The current trend direction for DEUTSCHE BANK AG-REGISTERED (DB) is Bullish.
What is the RSI signal for DEUTSCHE BANK AG-REGISTERED (DB) stock?
DEUTSCHE BANK AG-REGISTERED (DB) has an RSI value of 52.9302. This indicates that the stock is currently neutral.
What is the MACD signal for DB stock?
The MACD indicator for DEUTSCHE BANK AG-REGISTERED (DB) has a value of -0.00919245, indicating a bearish trend.