VOLKSWAGEN AG Technical Analysis, Stock Forecast and Trade Signals

VOLKSWAGEN AG Technical Analysis, Stock Forecast and Trade Signals

VOLKSWAGEN AG Technical Analysis

VOLKSWAGEN AG Technical Analysis: Weekly Chart

VOLKSWAGEN AG Technical Analysis

In the weekly charts, VOLKSWAGEN AG is trading in a down channel. VOLKSWAGEN AG is currently trading below all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 204.53 & the resistance level is at 215.50.

VOLKSWAGEN AG will trade in the down channel until there is trend reversal.

VOLKSWAGEN AG Technical Analysis: Daily Chart

VOLKSWAGEN AG Technical Analysis

In the daily charts, VOLKSWAGEN AG is trading in a down channel. VOLKSWAGEN AG is currently trading above 20 and 50 days SMA & below 100 days SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 202.96 & the resistance level is at 215.50.

VOLKSWAGEN AG will trade in the down channel until there is trend reversal.   

How to Trade VOLKSWAGEN AG this Week:

VOLKSWAGEN AG will follow the downtrend until their trend reversal. So, remain bearish on VOLKSWAGEN AG.

TRADE SUGGESTION- SELL AT 208.64, TAKE PROFIT AT 202.96 AND STOP LOSS AT 215.50

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