Hensoldt AG - Daily

The support trendline holds well, the stock is in a positive uptrend and both indicators are positive.

From a technical overview, the stock’s share price is currently trading at €24.10 with an established support base. The support levels sit at €23.15 then at €23.05 then at €22.67 as green trendline support holds well. A break below the €22.67 support level could see the share price slide towards the major support level sitting at €21.30. Towards the upside, the first resistance sits at €24.75 as highlighted by the lower red oval. A break above this resistance level may see the stock climb towards the major resistance sitting at €26.77 as highlighted by the upper red oval. Looking at the technical indicators, MACD is positive and RSI reads 67, both indicators are positive.