Despite a price gain of more than 2 percent, the ProSiebenSat.1 share cannot set any decisive technical highlights today. The first small obstacles between EUR 10.03 and EUR 10.20 have so far not been tested. The EMA 50 is also currently in the zone at EUR 10.095, while the ProSiebenSat.1 share price is currently fighting at EUR 9.932 to break out of the EMA 20 (EUR 9.933). The previous daily high is quoted at 9.972 euros. So the big breakthrough upwards is still missing. If the first smaller chart hurdles fail to break out, the gentle downward trend of the past few days and weeks could continue. On Monday, it recorded its previous low of EUR 9.358.
An analyst’s vote also contributed to the positive trend in ProSiebenSat.1 shares today: JP Morgan sees further upside potential in the media title. The share experts confirm their price target for the ProSiebenSat.1 share at EUR 14.60 as well as their classification as “Overweight”. In the upcoming quarterly balance sheet, figures in the context of the forecasts and an outlook are expected, in which the improving business with advertising should leave its mark.
Important technical chart data for the ProSiebenSat.1 share:
Last share price: 9.932 euros (stock exchange: XETRA – Frankfurt)
Bollinger Bands 20 (below / above): 9.319 euros / 10.546 euros
EMA 20: 9.933 euros
EMA 50: 10.095 euros
EMA 200: 11.075 euros
At a glance – chart and news: ProSiebenSat.1