The Deutsche Bank AG (NYSE:DB) Daily Diagram Technical Analysis training shows the following:
The DB share has made a long term bearish movement with the resistance of red trend lines. These resistance lines were under the KUMO, which means that the DB was bearish in long term. The weekly diagram shows an oversold level.
So the first think in mind (as...
The Deutsche Bank (DB) weekly chart shows the following signs:
DB failured to overcome the asceding triangle and it crossed down the KUMO cloud. Technicaly RSI and MACD are both in bearish signal. and OBV is decreasing.
According to the above and with the reputation of the impending share capital increase I beleive that the downtrend is still valid specially...
Index Arbitrage Forecast: Deutsche Bank will outperform DAX
Supporting Strategies: Cointegration, Correlation and Technical
Analysis Pattern : Tree Drivers Pattern
The trade should be opposite to the "gap". DAX has performed better than DB, in order to close the gap Deutsche Bank will now perform better in the next 173 days.
Targets and notes on charts. How to...
Deutsche looks like a battled boxer. Under 45 the next stop would be 35. Here will be a decisive moment. New lows under 2009 or nice and smooth ride to the sky.
In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21%. In the year 2013, DB was the 4th largest European bank sorted by total assets. Whats going wrong with the biggest German Bank?
