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Nordex stock: Will this still be something? - Financial Trends

Nordex stock: Will this still be something?

Nordex has at least recently managed a small new upturn on the stock markets. Observers and analysts are already asking whether the stock might be able to reach the uptrend in the coming weeks. After all, the segment of regenerative energies has been punished somewhat strongly in the past months, even if the policy is to promote the technologies in order to minimize the dependence on Russia, as it is said. Accordingly, at least a wind power company like PNE has recently made significant gains on the stock markets.

Nordex: Now?

It is true that the company has not been able to bring any more notable good news to the market recently. Nevertheless, Nordex at least managed that the stock with the small plus on Friday could make the weekly result somewhat more satisfactory. It went “only” still around well 8% downward, is to be stated.

Thus, the stock currently still has to cope with a chart-technical downward trend, which, however, can still find an end. It would be important to crack the upper limit at 10 euros, so the note of the chart analysts. This would be a first signal.

The technical analysis points out that the GD100 is quite close with a distance of -3.7%.