Volkswagen absorbs the impact of Porsche and revises down 2026By Ion Jauregui - Analyst at ActivTrades
Frankfurt — Volkswagen AG (ETR:VOW3) has announced an estimated impact of up to €10 billion on its 2026 operating profit, forcing the group to revise down its margin guidance to a maximum of 1%, from the previously announced range of 4%-5.5%. The bulk of this impact, €6 billion, corresponds to a non-cash accounting impairment linked to its 75.4% stake in Porsche, whose medium-term outlook has been affected by the contraction in demand in China and by tari
Porsche — Bearish Selling Setup | Downside PressurePorsche is currently showing a weakening market structure, with the balance of momentum beginning to shift toward the selling side. The present setup is focused on a potential bearish continuation as sellers look to push price toward lower levels. 📉🔥
The analysis is based on the broader price behaviour and the conditions generated through my trading methodology rather than relying on one isolated candle or technical level.
Recent price action suggests that bullish attempts are struggling to ma
Volkswagen — Bullish Buying Setup | Upside MomentumVolkswagen is currently presenting a constructive buy-side opportunity, with the broader price structure showing signs of improving bullish momentum. The setup is focused on a potential continuation toward higher levels as buyers attempt to strengthen their control over the current market direction. 📈🔥
The analysis is based on the overall behaviour of price rather than a single candle or isolated level. The current structure suggests that downside pressure is losing influence, while the buying
BMW — Bullish Buying Setup | Upside PotentialBMW is currently presenting a constructive bullish structure, with the overall price action showing signs of renewed buying interest. The current setup is positioned on the buy side, with the focus on capturing a potential continuation toward higher levels. 📈🔥
The recent behaviour suggests that buyers are gradually gaining influence, while downside pressure appears less dominant than the broader upward structure. Rather than reacting to short-term fluctuations, this analysis is based on the mar
Mercedes-Benz — Bullish SetupMercedes-Benz is currently presenting a positive market outlook, with the recent price behavior indicating that the buy side is gaining importance. The stock is developing within a constructive environment where upward progress remains the preferred scenario.
The latest market movement suggests that buyers are showing increasing confidence, allowing price to maintain a favorable position and potentially continue advancing. While short-term fluctuations are always possible, the broader analytica
Deutsche Bank Aktiengesellschaft — Buy-Side Opportunity Deutsche Bank Aktiengesellschaft is currently presenting a promising bullish picture, with recent market behavior suggesting that the balance is gradually shifting in favor of buyers. The stock is showing encouraging signs of upward potential, and the broader outlook supports the possibility of further appreciation.
The current formation indicates that buying interest is becoming increasingly important within the market. Price has been holding its ground while the underlying structure continues
Volkswagen - One of The Greatest Value PlaysXETR:VOW
Volkswagen - 7.77x Earnings, A Falling Wedge, And A Monthly MACD Divergence. The Setup Is Building.
Volkswagen is one of the most unloved stocks in Europe right now and that is precisely what makes it interesting. Revenue for the twelve months ending June 2026 reached $375 billion, up 6.26% year-over-year. Against a consensus analyst price target of approximately €115, implying over 30% upside from current levels, the stock trades at just 7.77x TTM earnings. At a P/E TTM of just 7.7
Siemens — Retracement First, Then Upside Toward 276Siemens is presenting a bullish opportunity with a two-stage price path. The immediate expectation is for the stock to experience a temporary decline toward the 242 area, followed by a renewed upward move toward the 276 target.
The projected dip should be viewed as an intermediate phase within the broader bullish scenario. Price may initially lose ground as the current movement develops, but the larger structure continues to leave room for a subsequent recovery and stronger appreciation.
The 2
Long for Merck CFDThere're some decent long signals like a great slow buy up in range of 100-115, then little pump, which has reached a consolidation corridor and then showed gradual correction with more buy up in the range 128-135, which I've considered as a confirmation of a strong long signal, where a can put the stop-loss befind 125 to be sure that a little bit bigger correction won't put me on the fence of liquidated and to not lose too much in case of being wrong. The whole path from 230+ to 150 is just sc
Schaeffler: Is the Market Still Pricing a Humanoid Robotics SuppI started looking at Schaeffler ( XETR:SHA0 ) as a traditional German automotive supplier. The deeper I went into the company’s humanoid robotics strategy, the more interesting the valuation disconnect became.
This is not a “humanoid robots will change the world, buy everything” thesis. The company still has real problems: high debt, weak free cash flow and a difficult automotive/e-mobility transformation.
But there is another business developing inside Schaeffler that appears to receive relat
$RHM: Macro Descending Channel, 50W & 200W SMA ConfluenceRheinmetall ( XETR:RHM ) continues to respect macro market geometry, maintaining a structured weekly descending channel following its distribution top.
• Key Moving Average Breakdowns: Following the loss of the 50-week SMA back in March 2026, price action has faced persistent overhead supply. Most recently, price has confirmed a rejection at the 21-week moving average (21W MA) for the 4th consecutive time, locking in dominant seller control at dynamic resistance.
• Structural Channel Rejection
The German Auto DiscountLast Thursday evening, Volkswagen's supervisory board unanimously approved Zukunftsplan 2030 — the Future Plan. On Friday the shares closed up about 6.5% at €81.30, the strongest name in the Stoxx 600 that day.
Nothing about the company's earnings changed in those 24 hours. What changed was that a room full of people who had been unable to agree, agreed.
What was approved
Around 50,000 further positions go, management included, on top of roughly 50,000 already agreed since late 2024. The mo
BMW, there's a lot going onIts no secret that the German automotive industry has a lot of problems, I won't get into the politics of where I think the problems come from.
Taking a look at BWM on the Monthly chart there is a lot going on with this chart and see 3 bearish scenarios.
First is the harmonic which I see as possibly finished and looking for a correction of this anti butterfly, then between that an M formation which is also bearish, and finally a head and shoulders.
The head and shoulders measured move could t
Volkswagen: A long-term bottom in the makingVolkswagen has found buyers near the end of what I count as a WXY correction on the monthly chart. Wave (II) may already be complete, but the fib.1 extension sits at 67, so there is still room for another low before the next long-term advance.
The restructuring gives me a fundamental reason to watch this setup. Volkswagen is targeting more than €6 billion in profitability improvement by 2030 through job cuts, plant consolidation and fewer models. Lower investment spending and asset sales co
Deutsche Lufthansa AG ($LHA) Daily: Pullback Hits ChannelDeutsche Lufthansa AG ( XETR:LHA ) Daily: Pullback Hits Channel Lower Bound After -26.4% Corrective Leg
### ✈️ Deutsche Lufthansa AG ( XETR:LHA ) Daily Technical Matrix (Ref: LHA_2026-09-03_08-56-50.png)
We are releasing an updated Daily (1D) structural update for Deutsche Lufthansa AG ( XETR:LHA / XETR). Following a sharp rejection off the upper boundary of its long-term ascending channel, price action underwent a severe -26.41% corrective leg (-2.704 EUR over 40 bars/56 days), driving share
Siemens Energy: Potential Short SetupThe price has once again returned to VAL (Value Area Low) around $141, a level buyers have defended several times.
However, since mid-June, each rally has failed to reach a new high, while volume near the tops has remained low. At the same time, volume has increased as the price has moved back toward VAL, suggesting growing selling pressure. A level also tends to weaken the more often it is tested.
A further decline in the near term cannot be ruled out. Whether the price breaks lower and later
Adding Rheinmethall at the current priceRheinmetall is currently trading around €1,071 after a brutal June that saw the stock crash nearly 23% in a single month. The main trigger was Germany's abrupt cancellation of the €12 billion F126 frigate program on June 24, which sent shares down 19% in one day alone. That's the big drop visible on the chart — it's a panic event driven by one contract loss, not a sign the business is broken.
The recovery has already started. The stock bounced 4–5% as bargain hunters stepped in, and on June 30 t
ALV — Upside Opportunity | Buyers in ControlAllianz SE (ALV) is currently offering an attractive buy-side opportunity, with the chart displaying a favorable upside configuration. The analysis points toward continued appreciation as the stock develops from its present position, keeping the bullish scenario firmly on the radar.
The trade concept is centered on the market’s current behavior and the strength visible across the recent movement. Instead of relying on isolated candles or short-term reactions, the idea focuses on the broader pro
Adidas: Corrective Top EstablishedAdidas shares have recently dropped more than 10%, accompanied by a downside price gap. In recent trading days, the stock managed a partial recovery, though renewed weakness has emerged in the latest sessions. Based on this price action, we now consider the corrective top below resistance at €196.40 to be established. As a result, we currently see ADS in a corrective phase and expect a corrective move to the downside, likely taking the stock below support at €129.95. Just below this level, share
SAP: Cloud Growth Meets a Deep Valuation ResetNYSE:SAP has fallen from roughly €280 to around €178, a drawdown of about 36% from its 2025 peak.
That correction is becoming interesting because the underlying business remains strong: cloud growth is above 20%, backlog continues expanding, free cash flow is rising and SAP is aggressively repurchasing shares.
But the Master Buy Scanner V2 is not yet giving a BUY signal.
The monthly setup remains:
WAIT — quality business, improving valuation, incomplete technical reversal.
Master Buy Scann
ADBE: Quality BUY After a 62% Drawdown — Wait for the PullbackNASDAQ:ADBE has fallen from roughly €600 at its 2021/2024 highs to around €229 on the GETTEX monthly chart, wiping out more than 60% of its peak value.
Unlike many deeply depressed technology stocks, Adobe is not facing collapsing revenue or deteriorating cash generation. Its latest quarter produced record revenue, double-digit subscription growth and accelerating AI monetization.
The Master Buy Scanner V2 now recognizes Adobe as a QUALITY BUY, but with an important nuance:
The setup is acti
Adidas - The Market Sold The Marketing Bill. We Are Buying The BXETR:ADS
Adidas - Wave 2 Complete. The Setup For Wave 3 Is Building.
Adidas is a business in the middle of one of the most impressive brand recoveries in European corporate history. Under CEO Björn Gulden, whose contract has been extended through 2030, the company has rebuilt its product pipeline, exited the Yeezy dependency, and reconnected with performance sport consumers. FY2025 delivered record revenue of €24.8 billion, net income up 75% to €1.34 billion, and operating profit of €2.06























