DEUTSCHE BANK AG NA O.N. - 1H - Technical analysis published on 07/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 15.402 EUR
My targets
15.880 EUR (+1.08%)
17.033 EUR (+8.42%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DEUTSCHE BANK AG NA O.N.. As long as you are above the support located at 15.402 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 15.880 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 17.033 EUR as an objective. Crossing it would then enable buyers to target 29.246 EUR. If the support 15.402 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DEUTSCHE BANK AG NA O.N. rating 15.710 EUR. The price registered a decrease of -1.01% on the session with the lowest point at 15.694 EUR and the highest point at 15.904 EUR. The deviation from the price is +0.10% for the low point and -1.22% for the high point.15.694
15.904
15.710
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DEUTSCHE BANK AG NA O.N. chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 14.848 | 15.029 | 15.402 | 15.710 | 15.720 | 15.880 | 29.246 |
Change (%) | -5.49% | -4.33% | -1.96% | - | +0.06% | +1.08% | +86.16% |
Change | -0.862 | -0.681 | -0.308 | - | +0.010 | +0.170 | +13.536 |
Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15.603 | 15.661 | 15.765 | 15.823 | 15.927 | 15.985 | 16.089 |
Camarilla | 15.826 | 15.840 | 15.855 | 15.870 | 15.885 | 15.900 | 15.915 |
Woodie | 15.627 | 15.673 | 15.789 | 15.835 | 15.951 | 15.997 | 16.113 |
Fibonacci | 15.661 | 15.723 | 15.761 | 15.823 | 15.885 | 15.923 | 15.985 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.911 | 14.179 | 14.543 | 14.811 | 15.175 | 15.443 | 15.807 |
Camarilla | 14.734 | 14.792 | 14.850 | 14.908 | 14.966 | 15.024 | 15.082 |
Woodie | 13.960 | 14.203 | 14.592 | 14.835 | 15.224 | 15.467 | 15.856 |
Fibonacci | 14.179 | 14.420 | 14.569 | 14.811 | 15.052 | 15.201 | 15.443 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.689 | 13.367 | 14.137 | 14.815 | 15.585 | 16.263 | 17.033 |
Camarilla | 14.510 | 14.643 | 14.775 | 14.908 | 15.041 | 15.174 | 15.306 |
Woodie | 12.736 | 13.390 | 14.184 | 14.838 | 15.632 | 16.286 | 17.080 |
Fibonacci | 13.367 | 13.920 | 14.262 | 14.815 | 15.368 | 15.710 | 16.263 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 51.15 | |
MACD (12,26,9): | 0.1000 | |
Directional Movement: | -2.149 | |
AROON (14): | -28.571 | |
DEMA (21): | 15.893 | |
Parabolic SAR (0,02-0,02-0,2): | 15.904 | |
Elder Ray (13): | -0.050 | |
Super Trend (3,10): | 15.595 | |
Zig ZAG (10): | 15.694 | |
VORTEX (21): | 1.0480 | |
Stochastique (14,3,5): | 38.33 | |
TEMA (21): | 15.851 | |
Williams %R (14): | -95.24 | |
Chande Momentum Oscillator (20): | -0.140 | |
Repulse (5,40,3): | -0.9910 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.1280 | |
Courbe Coppock: | 0.88 |
MA7: | 15.376 | |
MA20: | 14.951 | |
MA50: | 15.197 | |
MA100: | 14.253 | |
MAexp7: | 15.791 | |
MAexp20: | 15.741 | |
MAexp50: | 15.491 | |
MAexp100: | 15.248 | |
Price / MA7: | +2.17% | |
Price / MA20: | +5.08% | |
Price / MA50: | +3.38% | |
Price / MA100: | +10.22% | |
Price / MAexp7: | -0.51% | |
Price / MAexp20: | -0.20% | |
Price / MAexp50: | +1.41% | |
Price / MAexp100: | +3.03% |
Quotes :
-
15 min delayed data
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Germany Stocks
News
The last news published on DEUTSCHE BANK AG NA O.N. at the time of the generation of this analysis was as follows:
- Lucid CEO To Speak at Deutsche Bank Global Auto Industry Conference and Evercore ISI Global Clean Energy & Transitions Summit
- Stoneridge to Present at the Deutsche Bank Global Auto Industry Conference
- AAM to Present at Deutsche Bank Global Auto Industry Conference on June 11
- EQS-Adhoc: Deutsche Bank to issue Additional Tier 1 capital instruments
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Deutsche Bank Aktiengesellschaft - DB
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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