Markets

HeidelbergCement – Strong Increase – Columns

The share of HeidelbergCement AG was literally spurred on by positive news this week and has so far increased by over 11 percent. However, from a technical point of view, the value now encounters certain hurdles that could well cause a pullback.

Overall, however, the upward trend that has been ongoing since mid-March can be followed, and at the end of 2020 it was also possible to end a three-year downward trend and most recently to rise above the resistance of around 63.00 euros. This mixed situation should ensure further profits in the medium term, but only after an intervening break in the current rally. At the current price level, the trend channel limits further gains in the security of HeidelbergCement. On the other hand, the share has built up a powerful support base on the underside, so that fresh long approaches are soon made possible after a setback.

Probably ricochets

On a medium-term basis, the HeidelbergCement-Share seen further on the upswing, the next targets can be derived between 70.00 and 71.52 euros. However, there could be a temporary setback in the area of ​​the current price level as well as at the upper limit of the trend channel, this could even reach down to 63.00 euros. In this area at the latest, bargain hunters should strike again and stabilize the share. Should this endeavor not succeed and HeidelbergCement slide further through, this would amount to a brief sell-signal in the direction of 59.60 euros. But only in the event of a trend break should further losses follow over the next few months.

  • Resistances: 68.62 / 70.00 / 70.38 / 71.98 / 72.68 / 73.52 euros
  • Support: 66.88 / 65.38 / 63.00 / 62.93 / 61.22 / 58.14 euros

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

old
Observation period: 14.11.2019 – 07.01.2021. 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: 11.01.2015 – 07.01.2021. 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

Underlying WKN Selling price in EUR Base price in euros lever Last valuation day
HeidelbergCem HR3JWS 1.39 55.184645 5.12 Open end
HeidelbergCem HR3HAF 0.71 62.004141 10.25 Open end
Source: HypoVereinsbank onemarkets; As of: January 8th, 2020; 8:51 am

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

Underlying WKN Selling price in EUR Base price in euros lever Last valuation day
HeidelbergCem HR4JQU 0.96 77.992388 6.94 Open end
HeidelbergCem HR3RZZ 0.68 75.191647 9.67 Open end
Source: HypoVereinsbank onemarkets; As of: January 8th, 2020; 8:52 am

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

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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.

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The HeidelbergCement contribution – sharply increased first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

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