2022/09/13 (068) Technical Analysis

VOW3 long 4XSetUps Trading Capability
Okay, It`s Not So Volatile And/Or Sexy Like TSLA
– But With A P/E Ratio Of 4.48 In Comparison To 110.06 Nearly Given

Yesterday, on Monday, the German stock market continued the upward trend that began before the weekend with momentum. The Dax closed with a sharp increase of 2.40 percent to 13,402.27 points and thus at the highest level for around three weeks. From the afternoon, Wall Street, which was strong again, was a stirrup holder for further price gains. The MDax for medium-sized stocks ended trading 1.89 percent higher at 26,186.80 points.

Despite all the economic and political risks, investors took heart, according to the market, after the leading German index closed above the psychologically important mark of 13,000 points on Friday after a long struggle. Even the prospect of an increasingly restrictive monetary policy leaves investors cold at the moment.

According to Konstantin Oldenburger of CMC Markets, “The Ukrainian army’s recent successes in the war against Russia also provided some tailwind.” However, he considered hopes for a recovery from the energy crisis to be premature. Stock market observer Andreas Lipkow spoke of a cautiously positive mood on the market: “Investors are trying to position themselves for a potential economic recovery in the next six to nine trading months, but without having to accept too many unnecessarily risks.” Accordingly, at the start of the week, investors mainly focused on cyclical stocks, such as car shares. Which I would also like to introduce to you today, my dear readers. Due to the market value of the Lower Saxony automobile manufacturer of 86.09 billion euros, the company has a weighting of 5.72% when calculating the Dax. With 656,000 employees, Volkswagen ranks 4th in the most important German stock market index. For comparison: Only Linde, SAP and Deutsche Telekom are worth more.

In The Past Month August 2022, 13 Experts Submitted Their Analysis Of The Volkswagen (VW) Vz Share

9 experts recommend buying shares in Volkswagen (VW) vz, 2 analysts recommend holding shares in Volkswagen (VW) vz, 2 analysts recommend selling shares in Volkswagen (VW) vz. The experts’ average price target is EUR 195.54. This corresponds to an increase of EUR 52.54 compared to the current BMN price of the Volkswagen (VW) vz share of EUR 152.00. This was the closin price yesterday, on XETRA in frankfurt.Date Analyst Price Target Difference

08/31/2022 Bernstein Research hold : 160,00 € € + 8,00
08/30/2022 Jefferies & Company Inc. Sell : 115,00 € € – 37,00
08/26/2022 JP Morgan Chase & Co. Buy : 235,00 € € + 83,00
08/24/2022 UBS AG buy : 230,00 € € + 78,00
08/24/2022 JP Morgan Chase & Co. Buy : 235,00 € € + 83,00
08/23/2022 Bernstein Research hold : 160,00 € € + 8,00
08/22/2022 UBS AG buy : 230,00 € € + 78,00
08/18/2022 Jefferies & Company Inc. Sell : 115,00 € € – 37,00
08/17/2022 UBS AG buy : 230,00 € € + 78,00
08/05/2022 Goldman Sachs Group Inc. Buy : 197,00 € € + 45,00
08/04/2022 Credit Suisse Group buy : 175,00 € € + 23,00
08/01/2022 Deutsche Bank AG buy : 230,00 € € + 78,00
08/01/2022 Warburg Research buy : 230,00 € € + 78,00
The Story Behind The Chart Picture – That´s Why I Wrote This Long 4XSetUps Trading Capabability For Us

Europe’s largest car manufacturer wants to open up additional sources of money and use the proceeds to make billions more investments. The company is aiming for the end of September or beginning of October. The Volkswagen Group wants to take the sports car subsidiary Porsche public. The board of directors, with the approval of the supervisory board, decided to aim for an IPO, the carmaker announced on Monday evening, yesterday one week before. Volkswagen gave the end of September/beginning of October as the date, but subject this to further developments on the capital market.

The Wolfsburg Volkswagen Group and the Porsche parent company Porsche SE had been examining the IPO since February.
At the same time, the Stuttgart-based Porsche SE receives 25 percent plus one share of the company’s stock, and has a blocking minority to influence important AG decisions. The operational business with models such as the 911, Cayenne, Macan, Panamera and Taycan is bundled in Porsche AG. In contrast, Porsche SE, which is controlled by the Porsche and Piëch families, holds the majority of the voting rights in Volkswagen.

European Stocks Cautious Ahead Of Key US Inflation

However, at this morning, on Tuesday, round about 10 o`clock (central european time) European shares traded slightly higher on Tuesday, with both the DAX and the STOXX 600 adding nearly 0.1%, led by gains in healthcare, utilities and basic materials while cyclicals underperformed. Investors remain cautious ahead of the US inflation release later in the day which is expected to point to a slowdown in CPI for a second month, which could offer some support the Fed will reduce the size of the rate hikes by the end of the year. The ZEW Economic Sentiment Index for Germany will also be in the spotlight. On the corporate front, Schneider Electric is nearing a deal to take full control of British software company Aveva Group, Sky News reported last night. Also, UBS said it plans to increase its dividend by 10%