PUMA: Multi-Year Downtrend Broken — WCL Retest Before €35–€38?XETR:PUM is sitting at a very interesting technical location.
For years, price was controlled by a major descending trendline. Every recovery attempt was capped by that structure, keeping the bigger picture bearish. But now that trendline has finally been broken to the upside, and that changes the
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−0.31 EUR
−618.72 M EUR
7.01 B EUR
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Company info
Sector
Industry
CEO
Arthur Anton Hoeld
Website
Headquarters
Herzogenaurach
Founded
1948
IPO date
Jul 25, 2011
ISIN
US74589A1016
CUSIP
74589A101
FIGI
BBG00Y2GXHC0
Identifiers
ISIN US74589A1016
Puma SE engages in the development and sale of sports and sports lifestyle products, which includes footwear, apparel, and accessories. The firm brands include puma, cobra golf, and stichd. It operates through the following geographical segments: Europe, EEMEA (Eastern Europe, Middle East, Africa, India, Southeast Asia, and Oceania), North America, Latin America, Greater China, Rest of Asia Pacific (excluding Greater China, Southeast Asia and Oceania), and Stichd. The company was founded by Rudolf Dassler on October 1, 1948 and is headquartered in Herzogenaurach, Germany.
PUMA with a bullish divergenceThis technical analysis evaluates the 3-day (3D) chart of Puma (PUM), identifying a high-conviction reversal pattern supported by multi-timeframe exhaustion and a clear structural long setup.
1. Technical Setup: The Macro Bullish Divergence
The standout feature of this 3D chart is the pronounced B
The Wyckoff Accumulation Nears CompletionThe technical picture indicates strong signs of accumulation, as per both Weinstein and Wyckoff methodologies. The weekly chart places the asset firmly in Stage 1 (Basing/Accumulation). Furthermore, a detailed Wyckoff Accumulation pattern is unfolding. The pattern has now entered its final and criti
What is Happening to Puma?Puma's stock has experienced a significant decline, dropping nearly 50% year-to-date and reaching its lowest levels in almost a decade . This downturn is attributed to several factors, including underwhelming financial performance, escalating competition, and macroeconomic challenges.
Financial Pe
PUMA - on the road again?One of the worst performers in the european stock market for the last months the Puma stock, reasons for this were given tromendous. 1. Bad earnings expectations. People tend to buy less from the Big 3 (Nike Adidas Puma) and Puma has the least amount of loyal customers. Puma has not much cash cows (
Puma: Nearing the Finish Line 🏁Puma is nearing the finish line, marked by the final low of wave II in gray. To reach it, the share should still advance a bit deeper into the turquoise zone between 54.32€ and 44.25€. Once the low is established, Puma should take off and start a fresh upwards trend, heading for the resistance at 70
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