Risk disclosure
mdtrading.techThis is an English reading translation for convenience. Only the German version is legally binding.
Version dated 17 September 2026
This page contains no recommendation. It does not tell you whether to buy, hold or sell a security. It shows calculation results. What you make of them is your decision and your risk.
You can lose the money you invest
Prices of listed securities fluctuate. A loss up to and including total loss of the amount invested is possible. If you trade leveraged products or on credit, the loss can exceed the amount invested and lead to an obligation to make additional payments.
Only invest money whose loss you can bear without jeopardising your standard of living.
Past prices say nothing about future ones
All metrics on this site are calculated from historical price data. A development that occurred in the past does not repeat itself merely because it can be calculated.
What traffic light, grade and stop mean – and what they do not
The traffic light indicates whether several independently calculated indicators point in the same direction. It says nothing about whether a trade will be profitable. Measured against 97 completed trades, it does not separate winners from losers.
The grade is the weighted sum of the same indicators, brought onto a scale. It is not an assessment of the company and not an evaluation of its prospects.
A stop or target price is a calculated figure based on the average range of fluctuation. A stop does not protect against loss: in the event of a price gap – for example after results or news – it is executed at the next tradable price, which can be significantly lower.
The figures are not current
All information refers to the status of the last data run. It is shown for each security. Between this status and your retrieval there can be hours or days in which price and situation have changed.
The summaries can be wrong
The texts under “Market analysis” are generated by a language model from the results of a web search. Language models occasionally reproduce content inaccurately or confuse figures and periods. Check every figure that matters to you against the source given.
Disclosures under Delegated Regulation (EU) 2016/958
This information is provided because the content presented could be regarded as an investment recommendation within the meaning of the Market Abuse Regulation.
Creator. Michael Dehenn. The creator is not an investment firm and is not supervised by the Federal Financial Supervisory Authority (BaFin).
Basis. Price and fundamental data from publicly available sources, evaluated with fixed calculation rules that are applied identically to all securities. The methods used and their limits are disclosed in the service for each security under “How does the rating come about?”.
No individual case review. The rating is carried out fully automatically. No human review of the individual security takes place.
Temporal validity. The information applies to the stated data status. Updates take place irregularly and are not promised.
Own positions and conflicts of interest. The creator holds positions in securities presented in the service and trades for their own account. They may open, change or close positions at any time, also contrary to what the metrics shown might suggest, and without announcing it. No remuneration is received from the companies presented or from third parties for the inclusion or presentation of a security.
Share of categories. The service does not issue buy, hold or sell recommendations and therefore keeps no distribution of such categories.