Deutsche Bank Technical Analysis (NYSE:DB)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Deutsche Bank stock price data and volume are plotted in DB stock charts and these trading charts form the basis of technical analysis.
See Deutsche Bank bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Deutsche Bank stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Deutsche Bank Moving Average:
Moving averages help predict the price direction of DB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. Moving averages can be used for DB trend identification. A rising moving average shows that stock prices are generally increasing.
Deutsche Bank Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Deutsche Bank stock price relative to previous trades. Deutsche Bank bollinger bands show that the stock price is $14.56, upper band is 19.36, lower band is 17.23, and the average is 18.29.
Deutsche Bank Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Deutsche Bank MACD line is below the signal line.
Deutsche Bank Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of DB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .