DER AKTIONÄR TV|19. Mai
DAX-Check LIVE: Bayer, Delivery Hero, Ottobock, Rheinmetall, Siltronic, Vonovia im Fokus
DAX and Market Overview on May 19, 2025
- The DAX opens at 24,367 points (+0.24%), showing an optimistic Bullish Engulfing Pattern on the chart.
- The key resistance zone is at 24,500 points. A sustainable breakout above this level would be a strong signal.
- The 200-day moving average has been reclaimed, but the short-term market direction remains unclear.
- De-escalation signals from the USA: A planned attack on Iran was postponed at the request of regional countries. This increases investors' risk appetite.
- Oil prices remain high despite the positive news.
- Bayer: Receives an Overweight rating from Barclays with a price target of €50. Additionally, two marketing authorization applications for a drug have been submitted in Japan and the USA. The stock continues to trade sideways; a breakout above the €40 mark would be crucial. The glyphosate risk remains.
- Delivery Hero: The share price benefits from Uber's continued purchase of shares (now over 24%). The marks of €27 and €30 have been overcome, creating momentum. The investment case remains speculative.
- Otto Bock: Under massive pressure following a short report by Grizzly Research. Allegation: Up to 35% of sales went to Russia, possibly circumventing sanctions. In the past, such attacks have often proven to be unfounded.
- Rheinmetall: Recovers by about 10% from its lows after the German military ordered more trucks and a City study issued a price target of €1,400. However, the short-term downtrend is not yet broken; the resistance zone around €1,320 is decisive.
- Siltronic: Supported by a price target of €110 from Metzler. The stock suffers from the general sell-off in AI stocks but could quickly gain momentum if the sector recovers.
- Vonovia: Successfully placed two unsecured bonds in the UK and Australia. The issues were significantly oversubscribed, showing continued interest in the German real estate market. The stock remains highly dependent on interest rate developments and bounced off the resistance zone at €24.
- The DAX is moving towards the resistance zone at 24,500 points, particularly supported by the strong performance of SAP (€153).
- While stocks from the insurance sector and Munich Re (below €470) are catching up, Infineon (€66) and Heidelberg Materials show weakness due to economic concerns.
