[June 01, 2012] Deutsche Bank Has Returned 26.7% Since SmarTrend Recommendation (DB) Tweet Jun 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Deutsche Bank (NYSE:DB) on April 4th, 2012 at $46.59. In approximately 2 months, Deutsche Bank has returned 26.74% as of today's recent price of $34.13. Over the past year, Deutsche Bank has traded in a range of $28.57 to $61.23 and is now at $34.13, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.3%. Deutsche Bank AG is a global financial service provider delivering commercial, investment, private and retail banking. The Bank offers debt, foreign exchange, derivatives, commodities, money markets, repo and securitization, cash equities, research, equity prime services, loans, convertibles, advice on M&A and IPO's, trade finance, retail banking, asset management and corporate investments. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Deutsche Bank. Log in and add Deutsche Bank (DB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]