Medium term view - DAIMLER : Prices are breaking below the moving average, it is a sign of weakness.
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at €45.99. The invalidation level is above €63.63.Arguments :
- The support has been breached.
- Prices are breaking below the moving average, it is a sign of weakness.
Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.
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