DEUTSCHE BANK AG-REGISTERED (DB) Stock Technical Analysis
USA - NYSE:DB - DE0005140008 - Common Stock
Overall DB gets a technical rating of 9 out of 10. 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 offer a high quality setup 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.
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26.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.17 to 34.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.53 from a horizontal line in the daily time frame.
- Support @27.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.78 to 37.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.63 | POSITIVE | DB has a high relative strength, it outperformed 92.63% 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) | DOWN | MIXED | The current price of DB is above a declining 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) | 58.13 | NEUTRAL | The RSI value for DB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests DB has a positive trend. |
| Stochastics (14,3) | 75.78 | NEUTRAL | The Stochastics value for DB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for DB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.31 | NEUTRAL | The ADX value for DB suggests a possible start of a new trend. |
35.77
-0.19 (-0.53%)
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 9 / 10 to DB.
Can you provide the trend direction for DEUTSCHE BANK AG-REGISTERED?
The current trend direction for DEUTSCHE BANK AG-REGISTERED (DB) is Bullish.
Can you provide the RSI signal for DEUTSCHE BANK AG-REGISTERED?
DEUTSCHE BANK AG-REGISTERED (DB) has an RSI value of 58.129. This indicates that the stock is currently neutral.
What is the buy/sell signal for DB stock?
The buy/sell signal for DEUTSCHE BANK AG-REGISTERED (DB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for DEUTSCHE BANK AG-REGISTERED (DB) stock?
DEUTSCHE BANK AG-REGISTERED (DB) has a support level at 34.62 and a resistance level at 36.78. Check the full technical report for our detailed analysis of DB support and resistance levels.