Deutsche Bank AG (USA) (NYSE:DB) Trading Outlook

Deutsche Bank AG (USA) (NYSE:DB) Trading Outlook

Deutsche Bank AG (USA) (NYSE:DB) Trading Outlook

DEUTSCHE BK AG closed up 0.110 at 14.540. Volume was 6% below average (neutral) and Bollinger Bands were 29% wider than normal.

Open High Low Close Volume___
14.360 14.610 14.240 14.540 4,330,100

Technical Outlook
Short Term: Overbought
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 13.68 15.80 20.38
Volatility: 60 73 60
Volume: 6,563,574 5,212,952 3,549,267

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

DEUTSCHE BK AG is currently 28.6% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of DB at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on DB and have had this outlook for the last 14 periods.

Momentum

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 91.2281. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 6 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 48.40. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 20 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 90. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 3 period(s) ago.

Deutsche Bank AG is a global investment bank. The Bank is a financial services provider to Indian corporate, institutional and individual clients. It operates through five corporate divisions: Corporate Banking & Securities (CB&S), Private & Business Clients (PBC), Global Transaction Banking (GTB), Deutsche Asset & Wealth Management (Deutsche AWM) and Non-Core Operations Unit (NCOU). The CB&S segment consists of global markets and corporate finance businesses. The PBC segment consists of three business units: Private and Commercial Banking; Advisory Banking International, and Postbank. The GTB segment consists of Trade Finance and Cash Management Corporates, and Institutional Cash and Securities Services. Deutsche AWM is an investment organization, which provides traditional active, passive and alternative investments across different asset classes to individuals and institutions across the world. The NCOU segment operates as a separate division alongside its core businesses.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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