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HeidelbergCement – downward trend ended cleanly, but … – columns

Friday,
11/27/2020
10:41

from onemarkets blog

| Views: 214

Despite the corona pandemic, the construction boom in Germany has continued unabated and has recently given stocks from this industry a significant boost. A look at the security of HeidelbergCement even shows a recently activated buy signal.

Shares in the building materials trader HeidelbergCement rose above their medium-term downtrend in mid-November and activated a buy signal by definition. At the same time, however, the value is heading straight for a marked resistance range between 61.75 and 62.71 euros, which could be used for profit-taking. On a medium-term basis, however, the long signal enables further gains, provided that the next hurdles can be overcome in the coming weeks. Volatility in particular is likely to increase noticeably very soon, and investors should keep a cool head here.

Watch out for the EMA 200

In order to benefit from a follow-up buy signal at HeidelbergCement in the direction of the highs from 2019 at 73.52 euros, you should first wait for a sustained increase above the hurdle of around 63.00 euros and thus the EMA 200 (red line weekly basis). This is the only way to noticeably increase the likelihood of a rise to the 2019 highs. As long as the resistance band lasts around 63.00 euros, one must reckon with intermittent setbacks back to a level of 57.98 euros and even 55.00 euros. This area could be used as a stepping stone for a further rise to the resistance area described and would again offer promising trading opportunities.

  • Resistances: 61.62; 63.00; 64.04; 65.26; 66.88; 68.04 euros
  • Supports: 59.30; 57.98; 57.10; 56.26; 55.00; 53.89 euros

HeidelbergCement in euros in the daily chart: 1 candle = 1 day (log. candle chart display)

old
Observation period: 18.10.2019 – 11/27/2020. Historical considerations are not reliable indicators for future developments. Source: tradingdesk.onemarkets.de/underlying/DE0006047004

HeidelbergCement in Euro In the weekly chart: 1 candle = 1 week (logical candle chart display)

old
Observation period: 23.11.2015 – 27.11.2020. Historical considerations are not reliable indicators for future developments. Source: tradingdesk.onemarkets.de/underlying/DE0006047004

Investment opportunities

Open End Turbo Bull Warrant on HeidelbergCement for speculation on an increase in share

UnderlyingWKNSelling price in EURBase price in eurosleverLast valuation day
HeidelbergCementHR3JWJ1.2549.0263354.98Open end
HeidelbergCementHR3JWT0.5955,52982510.43Open end
Source: HypoVereinsbank onemarkets; As of: 11/27/2019; 10:05 a.m.

Open End Turbo Bear Warrant on HeidelbergCement for speculation on a price loss for the share

UnderlyingWKNSelling price in EURBase price in eurosleverLast valuation day
HeidelbergCementHX21J51.1872.5784235.19Open end
HeidelbergCementHR094V0.5466.13753611.41Open end
Source: HypoVereinsbank onemarkets; As of: 11/27/2019; 10:09 a.m.

More products on HEIDELBERGCEMENT and other underlyings can be found at: www.onemarkets.de

Please note the important information and the disclaimer.

This information does not constitute investment advice, but advertising. The public offer is made exclusively on the basis of a securities prospectus approved by the Federal Financial Supervisory Authority (“BaFin”). Approval of the prospectus should not be understood as a recommendation to purchase these UniCredit Bank AG securities. Only the prospectus including any supplements is relevant and the Final Terms. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and rewards of investing. You are about to acquire a product that is not easy and can be difficult to understand.

How the HVB products work

The contribution HeidelbergCement – downward trend ended cleanly, but … first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

In the onemarkets blog, experts from HypoVereinsbank onemarkets and technical analysts from GodmodeTrader will tell you what will move the markets before the stock market starts. During the day, the editors keep an eye on the DAX, Dow & Co. for you and show you how you can benefit from the ups and downs with leverage products.
http://blog.onemarkets.de

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