COVESTRO AG (1COV.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:1COV - DE0006062144 - Common Stock
Taking everything into account, 1COV scores 6 out of 10 in our technical rating. In the last year, 1COV was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
1COV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 60.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.86, 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
53.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 59.00 to 59.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.56 to 56.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 60.42 to 60.85. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for 1COV.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1COV.DE is up. |
| ChartMill Relative Strength | 54.42 | NEUTRAL | 1COV.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1COV.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1COV.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 1COV.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.96 | NEUTRAL | The RSI value for 1COV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests 1COV.DE has a positive trend. |
| Stochastics (14,3) | 65.21 | NEUTRAL | The Stochastics value for 1COV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for 1COV.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for 1COV.DE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 60.86 | 58.99 | 1.87 (3.07%) | 25.00% |
| An entry @60.86. This is a Buy Stop order right above the resistance zone. | An exit @58.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.87 points, which is 3.07%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:1COV (12/22/2025, 7:00:00 PM)
59.98
+0.18 (+0.3%)
COVESTRO AG / 1COV.DE FAQ
What is the technical rating for 1COV stock?
ChartMill assigns a technical rating of 6 / 10 to 1COV.DE.
What is the current trend direction of COVESTRO AG (1COV.DE) stock?
The current trend direction for COVESTRO AG (1COV.DE) is Bullish.
Can you provide the RSI signal for COVESTRO AG?
COVESTRO AG (1COV.DE) has an RSI value of 55.9615. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COVESTRO AG?
The short term momentum for COVESTRO AG (1COV.DE) is positive.
Can you provide the support and resistance levels for COVESTRO AG?
COVESTRO AG (1COV.DE) has a support level at 59.86 and a resistance level at 60.42. Check the full technical report for our detailed analysis of 1COV.DE support and resistance levels.