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/biz/ - Business & Finance

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8826723 No.8826723 [Reply] [Original]

Hello, I'm from /o/.
Can someone tell me what happened to the Mercedes-Benz stock?

>> No.8826748

>>8826723
Did you buy it before the dump?

>> No.8826751

It lost 3/4 of its value when Tesla announced their latest luxury line.

>> No.8826778

>>8826723
We trade in internet air money here anon

>> No.8826790

>>8826723
fuck off no-coiner

>> No.8826808

>>8826723
>stocks
BAHAHAHAHAHAHAHAHAHAHA

>> No.8826818

>>8826751
>thinks going down from 70 to 65 is 3/4, ffs the state of /biz/

>> No.8826844

>>8826723
>>8826778
But you could try:

>>8826768
>>8826768

>> No.8826892
File: 76 KB, 1619x633, DAI Recent trend.png [View same] [iqdb] [saucenao] [google]
8826892

>>8826723
Just took a quck look and the first thing I noticed was some divergence of the price action and the MACD that occurred over several months. Generally for price stability peaks in the price should be met with peak in the MACD, and valleys in price should be met with valleys in the MACD.

We didn't see that, which suggest that DAI was overvalued for some reason. I didn't look at anything fundamental (I don't know what the Euro version of a 10k or 10q) and I didn't dig into a shorter time frame, I just know it was over valued and it will probably work its way back down in fits and starts.

>> No.8826894
File: 69 KB, 747x686, 1522590327121.png [View same] [iqdb] [saucenao] [google]
8826894

>>8826723
Someone dumped his bags and transfered everything to crypto

>> No.8826914
File: 3.57 MB, 480x300, hcg39gg8mvyy.gif [View same] [iqdb] [saucenao] [google]
8826914

fuck stocks old man

>> No.8826921

Annual dividend payout. Daimler has a pretty high dividend, so it's more noticeable in the chart than with most other stocks.

>> No.8826997
File: 135 KB, 1615x859, DAI monthy chart.png [View same] [iqdb] [saucenao] [google]
8826997

>>8826892
The monthly chart looks even worse. Maybe open some shorts brah.

>> No.8827010

>>8826892
Made me lol. The absolute state of technical analysts.

>> No.8827043

>>8826723
what trading platform do you use in europe????

>> No.8827049

>>8827010
Got anything better you want to show for free?

>> No.8827065
File: 34 KB, 480x360, dogshit.jpg [View same] [iqdb] [saucenao] [google]
8827065

>>8827049

>> No.8827139

>>8827049
you were right.. don't pay attention to the jealous fag

obviously divergence is like the most basic shit ever.. for someone to dog on that just indicates their complete and total lack of success

>> No.8827151

>>8826892
>>8826997
Looks like fundamentally DAI will be caught in between a trade war between China and the US due to the US car parts use in their products
>https://finance.yahoo.com/news/german-carmakers-caught-crossfire-u-091956961.html?.tsrc=rss

>> No.8827163

>>8826723
dividend payout

>> No.8827166

>>8827139
Price and RSI/MACD divergence is kinda a soft indicator, which is why I looked at the longer monthly trend and I went looking at the DAI page on tradingview to get some recent news. DAI looks like a good short for the next several months.

>> No.8827167

>>8827049
https://en.wikipedia.org/wiki/Ex-dividend_date#Details
https://www.daimler.com/investors/share/dividend/

>> No.8827178

>>8826723
try asking in /smg/ stock market general

>> No.8827184

>>8826723
Inverse Bart. Buy.

>> No.8827287

>>8827167
Yes dividends, but the chart shows that the downtrend started at 24 January. Months before the payment date

>> No.8827471

>>8827166
>Price and RSI/MACD divergence is kinda a soft indicator
This is true, bud you didn't check for the Bertold inversion which should happen earlier in the graph, at 67% of the RSI/MACD divergence relative to the DPI index, and is present here. The divergence paired with the Bertold divergence is considered one of the strongest implicators in lengthwise price volatility on an oscillating motion. It's almost like you skipped class that day.
Far from looking like a "good short for the next several months", DAI looks like it could break out in a semi-shaded Marge pattern.