EURO STOXX 50

Delayed Quote. Delayed  - 10/21 11:50:00 am
3180.7PTS -1.46%

Industrial companies are back in the radar again

Mid-term Analysis published on 10/31/2019 | 05:41am
In a context of geographical, economic and monetary relaxation (true alignment of the planets), the Euro Stoxx 50 returns to its highest levels in February 2018 at 3625 points, thus bringing its 2019 performance to 20.5%. 

In October alone, the advance was 1.5%, led by a Germanic trio. Daimler has a 15% qualitative track record, followed by SAP and Volkswagen, both of which have a 10% increase.

Graphically, in daily data, prices accelerate as they exceed 3570 points. The positive orientation of the moving averages gives relevance to this upward movement, which should continue to reach the upper target of 3670 points. That is the challenge of the end of the year. A significant decline below 3570 points would be required to challenge this perspective in the short term
Patrick Rejaunier
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