Deutsche Bank AG (DGP) shares are on chartist's watch as the stock is edging below the MACD Histogram zero line. Investors who set attainable goals and craft a plan to achieve those goals may find themselves in a much better position than the investor who does not.
Deutsche Bank AG (BOS) now has a 14-day Commodity Channel Index (CCI) of -59.22. Deutsche Telekom AG has a 12-month low of €14.05 and a 12-month high of €18.13.
A number of equities research analysts recently weighed in on the stock. A level of 50 would indicate neutral market momentum.
The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. Moving averages can be used to help filter out the day to day noise created by other factors. CCI generally measures the current price relative to the average price level over a specific time period. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. ADX is charted as a line with values ranging from 0 to 100. In general, if the reading goes above -20, the stock may be considered to be overbought. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Deutsche Bank AG (WMW) now has a 14-day Commodity Channel Index (CCI) of 133.29. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. Alternately, if the indicator goes under -80, this may show the stock as being oversold.
The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. The 14-day RSI is presently standing at 61.38, the 7-day is 60.89, and the 3-day is resting at 54.44. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. The stock's 50-day moving average is €34.90 and its 200 day moving average is €32.90. In some cases, MA's may be used as strong reference points for spotting support and resistance levels.