Aurelius share: A catch-up is possible if … – Chart analysis

The profit-taking that shaped the chart technical picture for Aurelius shares in the second half of last week ended yesterday with a significant price gain. At the end of trading, Aurelius’ share price rose more than 7 percent to EUR 17.03, peaking at EUR 17.12 intraday. Technically important for the share certificate of the Munich investment company was that the support zone could be defended above 15.49 euros. The paper rebounded from this zone yesterday and also climbed significantly during the day – the daily low was recorded at 16.03 euros.

Although current indications on Wednesday morning “only” confirm yesterday’s closing price level from the XETRA trading on the Frankfurt Stock Exchange, yesterday’s development triggered bullish impulses. The range of 15.49 / 15.89 euros remains the first important technical support area for the Aurelius share. Further stronger support for Aurelius’ share price can be found at 14.41 / 14.77 euros.

On the other hand, the hurdles between EUR 18.46 and EUR 19.29 and the gap at EUR 19.40 / EUR 20.04 remain the important signal marks for the Aurelius share. A jump over these brands would be an important signal for the title, which could then start to catch up.

Important technical chart data for the Aurelius share:

Last share price: EUR 17.03 (stock exchange: XETRA – Frankfurt)
Charting trends:

After the corona crash, the Aurelius share has both chart reversal and catch-up opportunities compared to other stocks that have already recovered significantly. After the crash, the short-term trend currently oriented sideways, important chart-technical hurdles are slowly coming into view.

Bollinger Bands 20 (below / above): 13.40 euros / 17.67 euros
EMA 20: 15.54 euros
EMA 50: 17.51 ‚Äč‚Äčeuros
EMA 200: 26.99 euros

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