Daimler Truck shares are listed on the stock exchange on September 20, 2022, 10:41 am at a price of EUR 25.19. The shares of Daimler trucks are allocated to the “Capital Dealer” segment.
In an in-house analysis, we evaluated Daimler Truck according to the 4 most important factors based on current data. This results in a rating as “Buy”, “Hold” or “Sell”. These 4 different individual factors then lead to an overall consolidated assessment of the candidates for the stock.
1. Investors: the mood in social networks has been mostly positive in recent days. On seven days, the discussion was mainly characterized by positive topics, while on four days negative communication prevailed. In the past few days, however, investors have increasingly talked about negative topics related to the Daimler truck company. As a result, the editors rated the share as “Hold”. In summary, this results in a “hold” rating for investor sentiment.
2. Relative strength index: The relative strength index, abbreviated as RSI, indexes the stock price movement in 7 days by relating the upward movement to the amount of movement. The normal range is from 0 to 100. The Daimler truck RSI is 42.2, which means that the situation is considered neither overbought nor oversold. This results in a rating as “Hold”. RSI25 extends the calculation period to 25 days. The RSI for Daimler Trucks is hovering at 63.9. This is considered an indicator of a situation neither overbought nor oversold, in which a “hold” is assigned. Overall, that’s why we give this category a “Hold” rating.
3. Technical analysis: The 200-day moving average (GD200) for Daimler Trucks is currently EUR 27.62. This gives the share “Sell” rating, as the share price itself ended trading at EUR 25,325 and thus built a difference of -8.31 percent. The ratio differs compared to the moving average price of the past 50 days. The GD50 has now reached a level of EUR 26.06. This in turn corresponds to the current difference of -2.82 percent for the share of Daimler trucks and thus a “hold” signal. Therefore the overall result based on the two periods is “Hold”.
Buy, keep or sell a Daimler truck?
How will Daimler Truck develop now? Is a worthwhile entry or should investors rather sell? You can find the answers to these questions and why you need to act now in the latest Daimler Truck Analysis.
Daimler trucks: Buy or sell? Read more here…