Double top formation and falling trendRHM has experienced both a significant and a marginal downside breakout from a double top (DT) formation, accompanied by increased volume. The stock has since rebounded, but it remains within a falling trend channel. It is therefore likely that another test and potential breakdown of the neckline of
Rheinmetall AG
No trades
Key facts today
Rheinmetall's investment interest in tank maker KNDS has been dismissed by KNDS, highlighting a lack of collaboration or merger opportunities between the two companies.
4.15 USD
775.57 M USD
10.55 B USD
About Rheinmetall AG
Sector
Industry
CEO
Armin Papperger
Website
Headquarters
Dusseldorf
Founded
1927
IPO date
Feb 25, 2008
Identifiers
3
ISIN US76206K1079
Rheinmetall AG is a holding company, which engages in the provision of development and sale of components, systems, and services for the security and civil industries. It operates through the following segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, Materials and Trade, and Others. The Vehicle Systems segment offers a diverse portfolio of vehicles, including combat, support, logistics, and special vehicles. The Weapon and Ammunition segment includes products and solutions for threat-appropriate, firepower as well as comprehensive protection. The Electronic Solutions segment is involved in the chain of effects in the system network, from sensors and the networking of platforms and soldiers to the automated connection of effectors, as well as solutions for protection in cyberspace. The Sensors and Actuators consists of a product portfolio with exhaust gas recirculation systems, throttle valves, control dampers, and exhaust flaps for electromotors, solenoid valves, actuators and valve train systems, oil, water, and vacuum pumps for passenger cars, commercial vehicles, and light and heavy-duty off-road applications, as well as industrial solutions. The Materials and Trade segment focuses on the development of system components for the basic motor. The company was founded by Heinrich Ehrhardt on April 13, 1889 and is headquartered in Duesseldorf, Germany.
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Downtrent reversal XETR:RHM is suffering from fear and doubt due to the recent news on the war in Ukraine.
If this news blows over, the current price is a good opportunity to step in at a low level. Watch for the following on this chart.
The price is in the red on the Supertrend.
The Volume is higher than the b
$RHM now beneath 1500 E and the Weekly 50 MA - Can it bounce?XETR:RHM has had a fabulous run since the start of the Ukraine War. It has contributed to the DAX making new highs up until the summer of 25.
However as mentioned elsewhere the possibility of a Ukraine Peace Plan has taken the lustre of European aerospace and defence stock, and RHM has been hit ha
Pitchfork to see estimate time untill 2100I used a pitchfork based on Elliot impulse and correction waves to get an idea of how steep this bull run might turn out.
A verry Rough 100 days until XETR:RHM 2100 is the answer (if it holds).
Any daily close below the bottom blue zone is a trend reversal downwards. Take some profits if it g
Great opportunity to buy RHM at discountPYTH:RHM fell down from its ATH and this is a golden opportunity to dip buy. Within no time it will already be above 2000 euros as this is the backbone of German and perhaps also EU defense industry. Remember folks there is a big push to churn out defense equipment, weapons in the EU and across the
RHM ready for last push upIn my last post I thought 1800-1900 will be the top, but considering the pattern going on at the moment, a push to 2200-2300 is more than likely.
Don't forget, all these moves will at some point be given back. I think a dump to 500€ is possible afterwards.
My trade idea for now: buy at 1600 and ai
See all ideas
Summarizing what the indicators are suggesting.
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.









