Deutsche Lufthansa AG Technical Analysis | Deutsche Lufthansa AG Trading: 2022-06-28 | IFCM Turkey
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Deutsche Lufthansa AG Technical Analysis - Deutsche Lufthansa AG Trading: 2022-06-28

Deutsche Lufthansa AG Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Below 5.68

Sell Stop

Above 6.58

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articles 2477
IndicatorSignal
RSI Neutral
MACD Sell
Donchian Channel Neutral
MA(200) Sell
Fractals Sell
Parabolic SAR Buy

Deutsche Lufthansa AG Chart Analysis

Deutsche Lufthansa AG Chart Analysis

Deutsche Lufthansa AG Technical Analysis

The technical analysis of the Lufthansa stock price chart on daily timeframe shows #D-LHA, Daily is falling under the 200-day moving average MA(200) after multiple tests of the moving average. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 5.68. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 6.58. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (6.58) without reaching the order (5.68), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Deutsche Lufthansa AG

Lufthansa stock price closed virtually flat after the airline said didn’t expect improvement until 2023. Will the Lufthansa stock price continue retreating?

Deutsche Lufthansa AG is a major German airline. Its market capitalization is €7.19 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of -1.02 currently and the revenue for the trailing twelve months was €19.65 billion, while the Return on Equity (ttm) was -46.03% and Return on Assets (ttm) was -1.96%. The airline said does not expect its global airline operations to return to normal until 2023. Lufthansa announced plans to scrap around 3,000 flights, or some 15% of its capacity, at its hubs in Frankfurt and Munich this summer. Lower capacity utilization means lower revenue expectations which is bearish for stock price.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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