Yesterday the Wirecard stock significantly lost value. It ended the trading day with a minus of 4 %. There was no dividend payout which could have been responsible. The dividend payouts so far would not justify a setback anyways.

Therefore, the setback should have different reasons. Chart technically speaking the Wirecard stock has been the candidate for a counter-movement for weeks already. The relative strenght index noted at nearly 90 points and thus signalized a strong oversold market episode and an increased adjustment potential.

Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Wirecard?

Due to the downwards movement there was also a sell signal in the stochastics on daily basis. Today the stock started very cautious and allowed nearly no price changes. The downwards pressure from yesterday has reduced significantly.