Another new record

The market moved up Thursday, and Dax (Performanceindex) ended at 19002 points, which is an increase of 1.6 percent. The index thereby reached a new all time high for the 33. time this year.

30 shares showed a gain and 10 showed a loss. 0 shares were unchanged and closed at the same price as the previous day. There was no trading in 0 shares.

Total value of the trading volume for shares and primary capital certificates Thursday was approximately 3.8 billion.

Basf SE ended with a solid gain of 3.0 percent and closed at 46.80 Euro. The stock has never gained more in one day since Mar 19, when it was up 3.3 percent. The stock broke up through the resistance at 46.11 Euro in inverse head and shoulders formation. This triggered a buy signal and a further increase to 51.71 Euro within three months is indicated.
Allianz SE showed a small gain and ended the day at 292 Euro, which is an increase of 1.2 percent. The stock has thereby closed up 22 out of the past 28 days. It also looks good technically. The stock is trend wise positive in the medium term, has support at 269 Euro and a further increase is indicated.
Beiersdorf AG closed at 129 Euro after a solid gain of 3.6 percent. We must go back to Feb 5 to find an equally strong rise. That time the stock gained 4.0 percent. It also looks good technically. The stock is trend wise negative in the medium term, but has marginally broken up through resistance at 128 Euro.
Porsche Automobil Holding SE PRF PERPETU showed a small gain and ended the day at 40.98 Euro, which is an increase of 0.8 percent. The stock triggered a buy signal by the break up through the resistance at 40.89 Euro in double bottom formation. A further increase to 43.39 Euro within two months is indicated.
Adidas AG rose sharply to close at 227 Euro, up 3.1 percent. The previous time the stock gained this much was Apr 17, when it closed up 8.6 percent. It also looks good technically. The stock is trend wise positive in the medium term and a further increase is indicated.

Winners Thursday

Heidelberg Materials AG4.41%
Bayer AG3.74%
Airbus SE3.70%
Beiersdorf AG3.62%
Sap SE3.27%

Losers Thursday

RWE AG-3.84%
E. On SE-2.62%
Vonovia SE-2.42%
Deutsche Telekom AG-1.70%
Fresenius SE & Co. KGaA-1.08%

Most traded Thursday

Sap SE360.55
Siemens AG259.07
Deutsche Telekom AG248.19
Allianz SE190.37
Mercedes-Benz AG189.14
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google