Deutsche Bank Technical Analysis (NYSE:DB)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The DB stock chart pattern can give those who understand technical analysis an indication of which way DB stock is headed, but cannot predict with 100% certainty as to what can happen to the Deutsche Bank stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Deutsche Bank. The technical analysis form of Deutsche Bank stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Deutsche Bank Moving Average
Moving averages show the DB stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $11.44 is below the last closing price of $12.25 and the 50 day moving average of $11.77 is below the last closing price of $12.25. The 10 and 20 day periods can predict short term moving average trends.
Deutsche Bank Bollinger Bands
Bollinger bands comprise of a center line usually DB SMA, and two DB stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Deutsche Bank bollinger bands show that the stock price is $12.25, upper band is 11.84, lower band is 11.03, and the average is 11.44.
Deutsche Bank Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Deutsche Bank MACD indicator can be used to identify bullish and bearish trends for the stock.
Deutsche Bank Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of DB stock is 58.01.