Continued strong upward reaction on the European banking sector ... STOXX® Europe 600 Banks

Market comment ..

After a positive - stabilizing opening ... a strong move while the indicators of the European financial markets ..... the STOXX® Europe 600 Banks following the general trend over delivers leading the upward reaction as recorded strong gains of 2 , 59% in 154,64m ... driven at high days ..

STOXX® Europe 600 Banks

                            

The removal of the potential of a new Greek crisis after yesterday's agreement the Eurogroup ... in order to release liquidity pushes higher ... the ... STOXX® Europe 600 Banks ... with interest focused on German securities which deliver ultra ..

With yesterday's strong upward wax-based block of EMA and EMA 9 .. 21 .. the STOXX® Europe 600 Banks reacted upstream and first broke the 50 EMA resistance .. at 147,60 m .. closing finally over the resistance of 150.00 m .. a move which was accompanied by the almost vertical upward reaction of the indicator fast stochastic oscillator ... but rather confirmed the positive cleavage of the indicator MACD oscillator .. and the input signal with ... high probability of movement over the area of ​​the resistance of 156,00m ..

Symbol SX7P

Calculation Realtime
Dissemination period 09:00 CET-18:00 CET
ISIN EU0009658806
Bloomberg ID BBG000P5WS49
Free Float Mcap 829'100.746 MEUR
Last value 154.58
Daily change (absolute) +2.55% (3.84)


Week to week change 6.51%
52 week change -30.73%
Year to date change -15.36%
Daily low 150.84 (09:00)
Daily high 154.84 (13:37)
52 week low 130.03 (Feb. 11, 2016)
52 week high 227.47 (Jul. 21, 2015)

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