DEUTSCHE BANK AG-REGISTERED (DB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DB - DE0005140008 - Common Stock
We assign a technical rating of 7 out of 10 to DB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although DB has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
28.06
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.66 to 35.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.17 to 34.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.53 from a horizontal line in the daily time frame.
- Support @28.34 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.16 to 37.17. This zone is formed by a combination of multiple trend lines in the weekly 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 | 93.71 | POSITIVE | DB has a high relative strength, it outperformed 93.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DB is below a declining 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) | 49.79 | NEUTRAL | The RSI value for DB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.01 | NEUTRAL | The Stochastics value for DB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for DB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for DB suggests a weak or negative trend. |
35.34
-0.23 (-0.65%)
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 7 / 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 49.7876. This indicates that the stock is currently neutral.
What is the support and resistance level for DB stock?
DEUTSCHE BANK AG-REGISTERED (DB) has a support level at 35.32 and a resistance level at 37.16. Check the full technical report for our detailed analysis of DB support and resistance levels.