Börse Express – Munich Re

The share thus built on the already good performance of the previous day and closed yesterday at EUR 253.55, around three percent above the 200-day line. At the same time, Munich Re built up relative strength in a rather weaker stock market environment with this performance. The next target price on the upside is now the € 260 mark. There are two distinctive intermediate highs from August and early November this year. If the previous annual high of EUR 269 is then broken through, then the way to the all-time high, which was marked on February 17, 2020 at EUR 284, would be free. Market technology currently also speaks for a continuation of the price increase. Because on a daily basis, all indicators in their respective lower buying zone have now picked up momentum.