COVESTRO AG (1COV.DE) Stock Technical Analysis
FRA:1COV - DE0006062144 - Common Stock
56.3 EUR
-3.64 (-6.07%)
Taking everything into account, 1COV scores 1 out of 10 in our technical rating. 1COV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, 1COV is a bad performer in the overall market: 77% of all stocks are doing better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 1COV has an average volume of 24806 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
A new 52 week high is currently being made by 1COV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month 1COV has a been trading in the 53.52 - 61.00 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
1COV is an average performer in the Chemicals industry, it outperforms 47% of 68 stocks in the same industry.
The technical rating of 1COV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
55.74
61.46
2 important resistance areas can be observed.
- Resistance @57.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 59.58 to 60.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 1COV.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1COV.DE is neutral. |
| ChartMill Relative Strength | 23.37 | NEGATIVE | 1COV.DE has a low relative strength, it was outperformed by 76.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1COV.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 1COV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 1COV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.33 | OVERSOLD | The low RSI value suggests 1COV.DE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests 1COV.DE has a negative trend. |
| Stochastics (14,3) | 29.21 | NEUTRAL | The Stochastics value for 1COV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for 1COV.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for 1COV.DE suggests a strong trend. |
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)
FRA:1COV (9/4/2025, 7:00:00 PM)
56.3
-3.64 (-6.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-6.07%
1 Week-6.79%
2 Weeks-6.73%
1 Month-7.03%
3 Month-6.17%
6 Month-3.96%
12 Month1.85%
2 Year10.26%
3 Year90.59%
5 Year32.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%1.51%
ATR Inc633.25%
Range Today7.48
ADR(20)0.84
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.37
Mansfield-1.23
10 Day High61
10 Day Low53.52
20 Day High61
20 Day Low53.52
52 Week High61
52 Week Low53.3
CS1 EndN/A
CR1 Start57.92
Volume & EV
DER(3)-2.13%
DER(5)-0.94%
Volume140.93K
Volume Incr77.94%
Vol(5)40.59K
Vol(50)24.81K