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Rheinmetall

Rheinmetall just surpassed their All-time high!Good afternoon everyone. GETTEX:RHM just surpassed their All-Time high (Adjusted for dividends). They tested their new resistance at €568.274, which is about 0.8% above their previous All-Time high from April 09th. There will likely be a small correction in the next few days. Worst case, Rheinmetall has a downward potential of 17.9% to their last big support zone, but in my opinion, this is highly unlikely. I will personally hold Rheinmetall, as I'm still seeing big potential in them. I'm working on a bigger Analysis on Rheinmetall's Long-Term potential, which will be published in the next few days. Please check out my Analysis on the Uranium mine GETTEX:CJ6 I wish you a pleasant weekend, see you soon.
GETTEX:RHM
by henriklmao
Rheinmetall opportunity of 25% upsideRheinmetall dipped today due to concerns of the European "far-right" (half of them centrists lmao) wanting peace with Russia in the future. This doesn't change anything for Rheinmetall though. Key facts: - Earnings grew by 21.8% over the 2023. - Earnings are forecast to grow 26.06% per year. - Revenue expected to grow 40% this year. - New deal with Continental Ag. to hire new employees to fulfill the demand. - Fair value estimated at 1100-1200 EUR per share. War scenarios: - A new conflict means growth of 5% + for each arms dealer as seen many times. - If the war in Ukraine continues, Rheinmetall gets more deals. - If the war ends, European countries will need to replenish ammunition storages, which is expected to take up to 10-15 years. Additionaly: - Both Trump and Kennedy Jr. expressed how European NATO members should start to fulfill their obligations of 2% GDP budget for army if they want the US to protect them. - Around 17-18 countries do not meet this obligation yet, most of them being customers of Rheinmetall already. - The total combined deficit of these countries sits around 44 billion USD as of 2024. Sources: www.reuters.com www.reuters.com www.ft.com simplywall.st
GETTEX:RHMLong
by rtlustymen
8
Rheinmetall bullish ascending triangleThe ascending triangle points to a potential increase in the value of Rheinmetall's stock. These indicators include a bullish trend in the stock's price over the past several months, positive momentum, and strong support levels. Additionally, historical data shows that Rheinmetall's stock tends to perform well during times of military threats or escalations, which may indicate that current global events could be contributing to the stock's upward trend. Hopefully, the war in Ukraine will come to an end, but Rheinmetall is still looking strong, possibly indicating an upcoming real-world event. It is important to note that technical analysis is not a guarantee of future performance and should be considered alongside other forms of analysis such as fundamental and news analysis. Additionally, it is also important to consider the company's overall financial health and any recent company-specific news or announcements.
XETR:RHMLong
by murkser
1