EngineerT

BVB hits support zone - at saeson start

EngineerT Updated   
XETR:BVB   BORUSSIA DORTMUND KGAA
The German football team - Borussia Dortmund - has the 6th largest fan club in the world.
The team has had some ups and downs in the past years. Especially, as the opposite team - Bayern Munich - won the championship for the 10th time in a row.

After breaking the upward trend channel last year, due to early leave of champions league and alter euro league, the stock broke the upwards trend channel and was in the last 12 months in a downwards trend.
This downward trend was broken 3 months ago and since then, the stock is back in the support zone of the past 7 years.

If the support can be hold and the stock moves upwards, the chances look good to create a new upwards trend. Whilst, a break of the support zone could result in a loss and jump to next support Zone, which would be at half of the stock£s value today.

Some indicators might get you to invest into the stock.

Todays market cap is: 394.64 Mio
Whilst the total assets last year wear 450 Mio.
This could lead to the estimation, that the stock is undervalued.

Especially during the start of the season, the stock shows some movements.
The movements are being supported by successful games. For this, the team made some investments this season. To compensate the loss of Erling Haaland.

Balance sheet player transfer.
Expenditure: 86,00 Mio. €
Revenue: 61,50 Mio. €
Total -24,50 Mio. €
Whilst the team itself has the following market value: 509,45 Mio. €

Also here you can see the stock would have an undervalued price.

Taking the upcoming possibilities into account, it is an early stage of an invest. The season has not yet started and the team has lost its first 2 test games.

Dortmund - Valencia (1:3)
Dortmund - Villa Real (0:2)


This weekend, the team will start with the DFB Cup game against 1860 Munich (3rd league in Germany). This game might give the stock a first push out of the support zone.

Reminder: This is just a summary of some indicators and possibilities. Please mind your invest. Am open for some feedback.

best regards

Trade active:
The bounce at the support zone took place. The stock looks promising and gives a certain potential.
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