VOW3.DE breaks below prior session low

Volkswagen AG (VOW3.DE) Technical Analysis Report for Apr 16, 2018


VOW3.DE tanks -2.9% closing €5.14 lower
VOW3.DE dominated by bears dragging the market lower throughout the day
VOW3.DE ends the day on a bearish note closing near the low of the day
VOW3.DE breaks below previous session low

TQ Sentiment

Report Sentiment: 80% Bearish
Technical Forecast:


VOW3.DE ended Monday at 172.14 tanking €5.14 (-2.9%). This is the biggest single day loss in over two months. The bears were in full control today, moving the market lower throughout the whole session. Closing below Friday's low at 174.38, the stock confirms its breakout through the prior session's low having traded €2.76 below it intraday. Ending with a weak close near the low of the day sets a bearish note for the next session.

Daily chart for VOW3.DE


Monday's trading range was €6.98 (3.92%), that's far above last trading month's daily average range of €4.30. Weekly volatility is also higher, being above the markets average with the monthly volatility being way above average.


Prices are trading close to a key support level at 168.96.


VW shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish.


Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a bearish sentiment for the next trading day.

Market Conditions for Volkswagen AG

Loading Market Conditions for $VOW3.DE (Volkswagen AG)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Volkswagen AG traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

ADS.DE 10 day candlestick chart for ADS.DE 210.90 1.50 (0.72%)
BMW.DE 10 day candlestick chart for BMW.DE 85.77 0.45 (0.53%)
CON.DE 10 day candlestick chart for CON.DE 159.10 1.10 (0.70%)
DAI.DE 10 day candlestick chart for DAI.DE 57.61 0.40 (0.70%)
PSM.DE 10 day candlestick chart for PSM.DE 21.76 0.00 (0.00%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!