The Deutsche Bank share has been in a downward trend for a long time. This time is now over and the price is moving sideways. The MACD issued a sell-signal two days ago. Since then, the price has fallen a little. The RSI is in neutral territory with 42 pips, but is still within the sideways direction. The SMAs currently show no signals and are moving downwards in parallel.
In the 4-hour-chart the price has dropped a little again. The MACD is showing a sell-signal and is also decreasing. The SMAs are currently giving two buy-signals, but could give a sell-signal in the nearest future. The 38- and 100-day lines are about to intersect. The RSI is already at 29 points and is sinking deeper into the oversold zone.
Low fall in the hourly chart!
At 9 o’clock the price fell again by a large amount. The current market value is just under EUR 7.50 and has fallen by 3 %. The SMAs this morning showed the two expected sell signals.
A post by Anna Hofmann.