DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis
FRA:DRW8 - Deutsche Boerse Ag - DE0005550602 - Common Stock - Currency: EUR
Overall DRW8 gets a technical rating of 8 out of 10. Both in the recent history as in the last year, DRW8 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DRW8 has an average volume of 3388 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DRW8 is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 72% of 60 stocks in the same industry.
DRW8 is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRW8 slightly outperforms the market at the moment.
Looking at the yearly performance, DRW8 did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month DRW8 has a been trading in the 45.10 - 49.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DRW8 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 48.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
39.15
49.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.19 to 47.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.90 from a horizontal line in the daily time frame.
- Support @39.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.91 to 48.91. 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
CRS82.68
Mansfield0.33
10 Day High48.2
10 Day Low45.1
20 Day High49.4
20 Day Low45.1
52 Week High49.9
52 Week Low39
Performance
1 Week4.42%
2 Weeks0.43%
1 Month-3.48%
3 Month15.69%
6 Month8.26%
12 Month10.02%
2 Year20.87%
3 Year-3.38%
5 Year-30.18%
10 Year-43.05%
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)-0.04
RSI(14)53.88
LBB45.12
UBB48.14
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.92 | 45.18 | 3.74 (7.65%) | 13.08% |
| An entry @48.92. This is a Buy Stop order right above the resistance zone. | An exit @45.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.74 points, which is 7.65%. | When investing 13.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:DRW8 (3/7/2025, 7:00:00 PM)
47.2
-0.3 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.63%
1 Week4.42%
2 Weeks0.43%
1 Month-3.48%
3 Month15.69%
6 Month8.26%
12 Month10.02%
2 Year20.87%
3 Year-3.38%
5 Year-30.18%
10 Year-43.05%
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%2.17%
ATR Inc-6.99%
Range Today1.4
ADR(20)0.97
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.68
Mansfield0.33
10 Day High48.2
10 Day Low45.1
20 Day High49.4
20 Day Low45.1
52 Week High49.9
52 Week Low39
CS1 End47
CR1 Start48.91
Volume & EV
DER(3)0.02%
DER(5)0.61%
Volume4.18K
Volume Incr97%
Vol(5)4.72K
Vol(50)3.39K