A powerful indication has been made
The Rheinmetall stock has shown a consistent upward trend at the Xetra start on Tuesday, marking a significant recovery for the German armaments stock. This increase, amounting to approximately 3.5%, has generated a fresh buy signal for investors.
CEO Armin Papperger of Rheinmetall discussed the exchange of 25-million-euro applications and the transformation in arms procurement at the "Economic Factor Armament 2025" conference earlier this week. Papperger cited faster procurement of armaments as a key factor for this growth, predicting that the company will multiply its capacities in certain areas within the next 24 months.
The stock has overcome a significant chart resistance, with the current 50-day moving average for the Rheinmetall stock standing at 1,721.30 euros. If the August high of 1,791 euros is breached, the stock could target the psychologically important 1,800 euro mark. If this mark is also surpassed, the downtrend line, currently at 1,825 euros, could be the next target for the Rheinmetall stock.
DER AKTIONÄR remains optimistic about the sector and, in particular, Rheinmetall. Since the recommendation in issue 33/22, there has been a gain of 945% in the Rheinmetall stock. This upward trend is part of the recent recovery of the German armaments stock.
For those interested in staying updated with the latest news and insights about Rheinmetall, DER AKTIONÄR offers an E-Paper monthly subscription. The first 4 issues of the E-Paper monthly subscription are available at an activity price of 19.90 euros instead of 31.20 euros. The E-Paper monthly subscription unlocks the new issue immediately after the editorial deadline at 7 pm.
Investors should keep a close eye on the Rheinmetall stock as it continues to show promising growth in the rapidly evolving armaments industry. If the 1,800 euro mark is breached, the downtrend line could be the next target for the Rheinmetall stock, signaling further growth potential for this German armaments giant.
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