Daimler stock short scenario

Daimler AG (DAI), commonly known and referred to as Mercedes Benz, is a German multinational automotive corporation, headquartered in Stuttgart, Baden-Württemberg. Daimler-Benz was formed with the merger of Benz & Cie and Daimler Motoren Gesellschaft in 1926.

Mercedes Stock analysis

Daimler AG (DAI) is not offering offering any buy opportunity, all the opposite, the monthly timeframe is showing us a lot of weakness and the creating of a new strong imbalance around 49.37 per share. The forecast analysis for Daimler AG (DAI) Mercedes company is clearly bearish, no matter what fundamental stock analysis and other stock analysts might be saying about Daimler AG (DAI). Take a look at Daimler AG (DAI) Mercedes monthly timeframe analysis below.

If you still want to read about fundamental analysis and news, make sure it does not cloud your mind or blind your technical analysis judgement or you will probably missing a lot of very good trade opportunities on the stocks that you are trading.

Daimler AG (DAI) Mercedes fundamental analysis

Due to the worsening situation of the COVID-19 pandemic affecting the whole world, the Daimler Group has decided to suspend the majority of its production as well as work in selected administrative departments. By taking this action, the company is following the recommendations of international, national and local authorities.

At most locations work has been suspended for an initial period of two weeks. The suspensions affect Daimler’s car, van and commercial vehicle plants in Europe. An extension of this measure will depend on further developments. Wherever work needs to be continued, for example for emergency operations, important ramp-up issues or customer services, Daimler has taken appropriate precautions to prevent the infection of its employees.

The coronavirus is doing nothing but helping Daimler AG (DAI) stock to drop as expected from previous supply levels, it adds nothing new to our supply and demand stock analysis.

Daimler AG (DAI) Mercedes price action analysis

This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.

Trading supply and demand imbalances is ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind. 

As supply and demand traders, we do not need to pay attention to Daimler AG (DAI) Mercedes the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.

Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements for Daimler AG (DAI) Mercedes.

You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.

If you want to learn how to trade using our supply and demand trading strategy, join our supply and demand stock trading course.

There are several ways of buying stocks and futures. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy a CFD (contracts for difference) if you are in a country where it’s allowed.