Market comment ..
After a stabilizing opening and changes sign ... to corrective action at this time the indicators of the European financial markets ..... after seven consecutive sessions of gains, early on the shares of European banks have been headed for a bearish session . The STOXX® Europe 600 Banks, having made the previous days high on 182,00m hitting the high of December 2015, following the general trend, this time notes .. losses of - 1,10% at 174,87m. .. coming from strong weekly gains ...
STOXX® Europe 600 Banks
The STOXX® Europe 600 Banks ... during yesterday recorded losses of - 0.82% to 176.81 m and failed once again to break the strong upward resistance at 179.67 m. and today after new pressures to move towards the level of the diagonal support at 175.17 m ..
The consecutive gains recorded bulls in previous meetings, justify one price decline to the support level of 171.61 meters without ... but this does not mean that the bulls have lost control of the market, because although the fast oscillator is moving at high price levels justifying a temporary correction ... but the MACD indicator despite losses preserves the input signal of moving at low price levels, justifying a further upward movement .. obvious target re resistance ..
Symbol SX7P
Calculation Realtime
Dissemination period 09:00 CET-18:00 CET
ISIN EU0009658806
Bloomberg ID BBG000P5WS49
Free Float Mcap 989'743.123 MEUR
Last value 174.87
Daily change (absolute) -1.10% (-1.94)
Week to week change 1.32%
52 week change 23.94%
Year to date change 2.70%
Daily low 174.37 (11:33)
Daily high 177.13 (09:07)
52 week low 116.29 (Jul. 06, 2016)
52 week high 182.00 (Jan. 26, 2017)
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