Deutsche Boerse is currently in a consolidation phase and should reach a support.

Despite this situation, the company seems overvalued : the valuation ratio(EV/EBITDA) is estimated at 11.3x. The recent downward revisions of analysts for earnings per share, synonymous with lower future profitability, advocate for the continued decline of prices.

Technically, the stock is now in a downtrend in the short term after a contact with the EUR 59.3 resistance. Currently, the share is in a consolidation phase close to its short term support. A breakdown could cause an acceleration of the downtrend.

Investors could take a short position in Deutsche Boerse to benefit from the downward trend. The target price is fixed at the EUR 52.65 mid-term support. In contrast, the breakout of the EUR 56.9 resistance will invalidate this bearish strategy.