Deutsche Börse sell signal: selling pressure returns
Deutsche Börse slips 0.3% as sell volume surges back to 98%
Deutsche Börse sell signal: selling pressure returns
Our view last week
Week 9 of a sell signal on Deutsche Boerse, and the week just closed gained 4.8% with buy volume at 90%. The technical picture has softened over the past few weeks: the MACD histogram is climbing, momentum has roughly halved since early June. The stock ranks 26th among the 54 European sell signals.
This week's summary
Deutsche Börse's Sell signal is in its 10th week of management, and this week flips the script: after last week's 4.8% bounce, driven 90% by buying, the stock slips just 0.3% but with 98% of volume on the sell side. The ADX keeps falling and the MACD keeps improving, a sign the selling pressure is easing; money flow, though, keeps getting worse. The short is slightly in the red, 2.6% underwater.
IQS Phase
73
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#43 / 54
EU-UK stocks
Trade P&L %
-2.60%
from signal to today
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