COVESTRO AG (1COV.DE) Stock Technical Analysis
Europe - FRA:1COV - DE0006062144 - Common Stock
57.7 EUR
+0.46 (+0.8%)
We assign a technical rating of 0 out of 10 to 1COV. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 1COV is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month 1COV has a been trading in the 53.52 - 61.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
1COV is an average performer in the Chemicals industry, it outperforms 57% of 69 stocks in the same industry.
1COV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 1COV is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of 1COV is bad and it also does not present a 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
53.87
61.46
We found 2 important support areas.
- A support zone ranging from 56.98 to 57.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.41 to 55.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.49 to 59.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for 1COV.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1COV.DE is neutral. |
| ChartMill Relative Strength | 29.98 | NEGATIVE | 1COV.DE has a low relative strength, it was outperformed by 70.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 1COV.DE is above 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) | 47.95 | NEUTRAL | The RSI value for 1COV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests 1COV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for 1COV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for 1COV.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 34.19 | 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 (9/25/2025, 3:07:08 PM)
57.7
+0.46 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.8%
1 Week-0.49%
2 Weeks5.18%
1 Month-4.47%
3 Month-5.04%
6 Month-1.68%
12 Month4.22%
2 Year12.1%
3 Year93.77%
5 Year35.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%2.79%
ATR Inc41.25%
Range Today0.6
ADR(20)1.45
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.98
Mansfield-1.18
10 Day High59.24
10 Day Low54.14
20 Day High61
20 Day Low53.52
52 Week High61
52 Week Low53.52
CS1 End55.05
CR1 Start57.25
Volume & EV
DER(3)1.81%
DER(5)1.29%
Volume7.66K
Volume Incr157.74%
Vol(5)84.99K
Vol(50)34.94K