Deutsche Bank AG (DB) Stock: What Does the Chart Say Friday?

The market has been high on Deutsche Bank AG (DB) stock recently. DB gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Deutsche Bank AG has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DB!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With DB Stock Today?

Deutsche Bank AG (DB) stock is trading at $15.51 as of 10:19 AM on Friday, Feb 4, a rise of $0.39, or 2.58% from the previous closing price of $15.12. The stock has traded between $15.35 and $15.55 so far today. Volume today is low. So far 2,147,419 shares have traded compared to average volume of 3,940,902 shares.

More About Deutsche Bank AG

In July 2019, Deutsche Bank announced another restructuring plan hoping to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of the new plan is the full exit of global equity sales & trading, the scaling back of its fixed income business, as well as 18,000 FTE reductions until 2022. The remaining core business segments include private banking, corporate banking, asset management, and investment banking. Click Here to get the full Stock Report for Deutsche Bank AG stock.