COVESTRO AG (1COV.DE) Stock Technical Analysis
FRA:1COV - Deutsche Boerse Ag - DE0006062144 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to 1COV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 1COV is only an average performer.
The long and short term trends are both positive. This is looking good!
1COV is part of the Chemicals industry. There are 60 other stocks in this industry. 1COV outperforms 76% of them.
1COV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 1COV is lagging the market slightly.
When compared to the yearly performance of all other stocks, 1COV outperforms 60% of them, which is more or less in line with the market.
In the last month 1COV has a been trading in a tight range between 55.50 and 57.48.
Considerably lower volume is observed in the last couple of days.
1COV has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.08
59.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 54.80 to 57.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.55 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.42 to 58.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.66
Mansfield-0.18
10 Day High57.48
10 Day Low56.04
20 Day High57.48
20 Day Low55.5
52 Week High58.5
52 Week Low46.13
Performance
1 Week1.6%
2 Weeks1.49%
1 Month2.55%
3 Month-0.49%
6 Month6.32%
12 Month18.67%
2 Year37.33%
3 Year21.16%
5 Year65.85%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)59.96
LBB55.81
UBB57.36
COVESTRO AG
FRA:1COV (2/5/2025, 9:39:01 AM)
57.24
+0.04 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.07%
1 Week1.6%
2 Weeks1.49%
1 Month2.55%
3 Month-0.49%
6 Month6.32%
12 Month18.67%
2 Year37.33%
3 Year21.16%
5 Year65.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%0.77%
ATR Inc2.87%
Range Today0.18
ADR(20)0.43
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.66
Mansfield-0.18
10 Day High57.48
10 Day Low56.04
20 Day High57.48
20 Day Low55.5
52 Week High58.5
52 Week Low46.13
CS1 End57
CR1 Start58.42
Volume & EV
DER(3)0.52%
DER(5)0.7%
Volume234
Volume Incr-33.55%
Vol(5)61.90K
Vol(50)325.54K