Deutsche Telekom AG technical analysis summary
Buy Stop: Above 15.94
Stop Loss: Below 15.14
Indicator | Signal |
Stochastic | Buy |
Fractals | Neutral |
Deutsche Telekom AG chart analysis
The technical analysis of the Deutsche Telekom stock price chart on daily timeframe shows #D-DTE, Daily is testing the support line. We believe the bullish momentum will resume after the price breaches above the support at 15.94. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 15.14. After placing the order, the stop loss is to be moved every day to the next fractal low indicator. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (15.14) without reaching the order (15.94), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental analysis of stocks - Deutsche Telekom AG
Deutsche Telekom stock declined while the company reported better than expected results. Will the Deutsche Telekom stock price continue retreating?
Deutsche Telekom AG is a German telecommunication services company. Its market capitalization is €77.7 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 13.81 currently. Deutsche Telekom earned €110.35 billion revenue (ttm) and Return on Equity (ttm) of 10.59% with Return on Assets (ttm) at 3.57%. Yesterday the company reported quarterly results that beat expectations. Fourth quarter revenue increased by 4.7% to 28.9 billion euros, just above consensus estimates of 28.76 billion euros. Adjusted earnings before interest, tax, depreciation and amortisation after leases were reported at 9 billion euros ($10.1 billion), also above consensus estimates of 8.83 billion euros. Deutsche Telekom reported 53.2 million customers in Germany and 45.8 million in rest of Europe. Higher revenue and earnings are bullish for stock price. However, the stock closed 5.4% lower on Thursday, which can be attributed largely to sentiment hit that Russian invasion of Ukraine caused.
Want to get more free analytics? Open Demo Account now to get daily news and analytical materials.
This overview has an informative character and is not financial advice or a recommendation. IFCMarkets. Corp. under any circumstances is not liable for any action taken by someone else after reading this article.
Recommended content
Editors’ Picks
EUR/USD extends recovery beyond 1.0400 amid Wall Street's turnaround
EUR/USD extends its recovery beyond 1.0400, helped by the better performance of Wall Street and softer-than-anticipated United States PCE inflation. Profit-taking ahead of the winter holidays also takes its toll.
GBP/USD nears 1.2600 on renewed USD weakness
GBP/USD extends its rebound from multi-month lows and approaches 1.2600. The US Dollar stays on the back foot after softer-than-expected PCE inflation data, helping the pair edge higher. Nevertheless, GBP/USD remains on track to end the week in negative territory.
Gold rises above $2,620 as US yields edge lower
Gold extends its daily rebound and trades above $2,620 on Friday. The benchmark 10-year US Treasury bond yield declines toward 4.5% following the PCE inflation data for November, helping XAU/USD stretch higher in the American session.
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers
Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins.
Bank of England stays on hold, but a dovish front is building
Bank of England rates were maintained at 4.75% today, in line with expectations. However, the 6-3 vote split sent a moderately dovish signal to markets, prompting some dovish repricing and a weaker pound. We remain more dovish than market pricing for 2025.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.