For the third time within four days, the Deutsche Bank share failed to jump over the technical chart hurdle at EUR 9.27. This time the share price of the DAX-listed financial service provider peaked at EUR 9.299, but at EUR 9.232 it was again – albeit just below the technical chart hurdle from XETRA trading. Current indications for Deutsche Bank shares (WKN: 514000, ISIN: DE0005140008, chart ) are only listed at 9.121/9.147 euros in Tradegate trading on Friday morning.
Pressure is coming on today’s expiry date and the Deutsche Bank share is not in a particularly good chart position after numerous unsuccessful break attempts. Even a slide below EUR 8.91 could open up new downward potential for the DAX value. Above all, between EUR 8.67/8.72 and around the core mark at EUR 8.56/8.58, the first technical chart supports could appear in the event of a break. If these are also undershot, things look bad: Then the next possible price targets could be expected to be EUR 8.20 and EUR 8.028/8.080.
A stable rise above EUR 9.27/9.29 could open the way for the Deutsche Bank share towards the 200-day line at EUR 9.696 and a resistance zone just above it at EUR 9.79/9.90.