9.02.2019 ( www.4investors.de ) -While the Steinhoff share does not show the big news and price movements at the moment, the SDAX-listed paper still remains interesting for traders. The share price is constantly changing direction, followed by interesting percentage moves - logically, that despite the high risk, traders continue to be very active in the Steinhoff share in this highly volatile environment. Most recently, these saw an uptrend of the title, which climbed to 0.1651 euros on February 8 in the last few days on yesterday peaking at 0.1651 euros after slipping to 0.1051 euros. After yesterday's XETRA closing price at 0.1159 euros (+2.75 percent), current indications for the Steinhoff share on Tuesday morning are quoted at 0.119 euros, indicating further smaller gains.
How big these ultimately turn out, is also a matter of charting. After Steinhoff's stock price recently dropped from the support zone by 0.104 / 0.106 euros, this morning, smaller buy signals at the signal brands between 0.114 euros and 0.116 / 0.117 euros characterize the picture. If it is possible to keep the current outbreak stable during the course of the day, Steinhoff International's share price would offer further upside potential. As most recently outlined in the 4investors chart check on the Steinhoff share, the next hurdles would then be around € 0.124 / € 0.125 and € 0.134 / € 0.136.
Meanwhile, overcome chart technical resistance marks for the paper become support zones. The Steinhoff share would therefore find support again in the price of 0.104 / 0.106 euros at the exchange rate, from which the share price could rise a few days ago. New sales signals, on the other hand, would initially target technical support of 0.095 / 0.098 euros or the 10 cent mark. Beyond the day, however, a slide towards 0.085 / 0.088 euros or to the all-time low at 0.071 / 0.075 euros would be possible.