CECONOMY: Extended W or Head and Soulders pattern and Bullish1) "Extended W" or "Head and Soulders" pattern probability is high.
2) Extremely discounted. It was at price level 25 in 1999!
−0.042EUR
−39.00 MEUR
22.24 BEUR
131.29 M
About CECONOMY AG
Sector
Industry
CEO
Karsten Wildberger
Website
Headquarters
Dusseldorf
Founded
1992
ISIN
DE0007257503
FIGI
BBG000H4TB06
CECONOMY AG engages in the provision of online platform technology solutions to the consumer electronics industry. The firm's brands include MediaMarkt, Saturn, iBood and Juke. It operates through the following geographical segments: DACH (Germany, Austria, Switzerland, Hungary), Western and Southern Europe, Eastern Europe and Others. The company was founded in 1996 and is headquartered in Dusseldorf, Germany.
PositivePositive divergence on the RSI, the price at the lower channel at support level
potential profit +10%
$CEC: Bear flag with strong support @ 2Bear Flag continues to form. Choppy market on 14/05 did not devistate the support.
Earnings gave a bearish signal as well.
As long upper limit is not cleared idea stays intact.
Potential trade setup:
Target: 1.25 EUR
Entry: ~1.90 EUR
Stop: 2.25 EUR
Ceconomy (Media Markt/Saturn) for SaleThis is a high risk trade. I hope the support around 4.30 will hold. Bounced around 5% yesterday at that level. I thought about buying around 4.30 but it seemed to be too risky. If it comes back to the level around 4.40 I might buy...
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Frequently Asked Questions
The current price of CEC is 2.146 EUR — it has decreased by 3.94% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on XETR exchange CECONOMY AG stocks are traded under the ticker CEC.
CECONOMY AG is going to release the next earnings report on May 15, 2024. Keep track of upcoming events with our Earnings Calendar.
CEC stock is 4.39% volatile and has beta coefficient of 0.86. Check out the list of the most volatile stocks — is CECONOMY AG there?
One year price forecast for CECONOMY AG has a max estimate of 2.800 EUR and a min estimate of 1.900 EUR.
CEC earnings for the last quarter are 0.33 EUR whereas the estimation was 0.09 EUR which accounts for 261.11% surprise. Estimated earnings for the next quarter are 0.33 EUR. See more details about CECONOMY AG earnings.
CECONOMY AG revenue for the last quarter amounts to 5.35 B EUR despite the estimated figure of 5.13 B EUR. In the next quarter revenue is expected to reach 6.92 B EUR.
Yes, you can track CECONOMY AG financials in yearly and quarterly reports right on TradingView.
CEC stock has fallen by 2.19% compared to the previous week, the month change is a 21.59% rise, over the last year CECONOMY AG has showed a 16.50% decrease.
CEC net income for the last quarter is 147.00 M EUR, while the quarter before that showed 66.00 M EUR of net income which accounts for 122.73% change. Track more CECONOMY AG financial stats to get the full picture.
Today CECONOMY AG has the market capitalization of 1.08 B, it has increased by 3.75% over the last week.
Like other stocks, CEC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CECONOMY AG stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CECONOMY AG technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CECONOMY AG stock shows the sell signal. See more of CECONOMY AG technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on CECONOMY AG future price: according to them, CEC price has a max estimate of 2.80 EUR and a min estimate of 1.90 EUR. Read a more detailed CECONOMY AG forecast: see what analysts think of CECONOMY AG and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CECONOMY AG EBITDA is 818.00 M EUR, and current EBITDA margin is 3.22%. See more stats in CECONOMY AG financial statements.