Five-day DAX Price Chart shows it went up after a significant decline few days ago. However, today’s daily chart shows there’s a small downtrend and many companies have decreased since yesterday. Significantly affected - two major automotive industries and Delivery Hero.
All of presented charts are courtesy of TradingView.com
GER 40 has caught the ‘ground level’, but still trades Ca. 8% lower than before warfare in the Eastern Europe as chart shows:
But what about last 24 hours what triggers us mostly?
A decline amounts to ca. 3%. Many of stocks have decreased by these three – BMW, MBG And DHER have done it significantly.
Mercedes-Benz AG has declined by almost 6%
BMW has neared the -7% level.
Delivery Hero (DHER) has plunged by almost 6.5%, have a look at the chart below:
Source: TradingView.com, Investing.com, Capital.com
