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Volkswagen Technical Analysis - Volkswagen Trading: 2022-11-24
Volkswagen AG Technical Analysis Summary
Below 135.94
Sell Stop
Above 144.76
Stop Loss
| Indicator | Signal |
| RSI | Neutral |
| MACD | Sell |
| Donchian Channel | Neutral |
| MA(200) | Sell |
| Fractals | Buy |
| Parabolic SAR | Sell |
Volkswagen AG Chart Analysis
Volkswagen AG Technical Analysis
The technical analysis of the Volkswagen stock price chart on daily timeframe shows #D-VOW,Daily is retreating under the 200-day moving average MA(200) after rebounding to test the MA(200) seven sessions ago. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 135.94. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of Donchian channel at 144.76. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (144.76) without reaching the order (135.94), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Stocks - Volkswagen AG
Volkswagen agreed on pay deal with German workers union. Will the Volkswagen stock price resume advancing?
Volkswagen said Wednesday that it had agreed to a collective bargaining agreement with Germany’s IG Metall union covering 125,000 employees in the country. The car maker has agreed to pay its employees in Germany a more than $3,000 tax-free bonus – a bonus of €2,000, equivalent to about $2,060, in the first quarter of 2023, and €1,000 in early 2024. The two-year wage contract will also increase workers’ pay in two stages, by 5.2% in June 2023 and by 3.3% in May 2024. The deal raises worker pay by less than the rise in consumer prices: in Germany, the consumer-price index rose 10.4% in October, according to the country’s statistics office Destatis. The stock price edged down 1.69% on the day after the announcement.
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