The Commerzbank stock has been going up and down recently. A few days ago the analysts were quite optimistic. But now the tables have turned. The stock fell by 5 % on Friday. Therefore, Commerzbank could be up for suprises in both directions.
Chart analysts are keeping calm and still believe that the stock is in a downwards trend. The stock’s price is falling since mid-February and is now approaching the 6-month low of 10.31 Euro of April 4, 2018. If the stock should not find a hold there, the stock will probably fall to 10 Euro. Maybe even as far as the annual low of 9.26 Euro from June 23, 2017.
However, if the price should climb up, 12 Euro would be a feasible price goal, which must be overcome. If this should happen there would be no obstacle left to go even higher.
Aktuelle Video-Analyse von Commerzbank: