COVESTRO AG (1COV.DE) Technical Analysis
FRA:1COV • DE0006062144
Current stock price
1COV.DE Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to 1COV. 1COV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: 1COV has an average volume of 23939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 comparing the performance of all stocks over the past year, 1COV turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- 1COV is an average performer in the Chemicals industry, it outperforms 64% of 72 stocks in the same industry.
- In the last month 1COV has a been trading in a tight range between 58.50 and 60.40.
1COV.DE Weekly and Daily overview Charts
1COV.DE Setup Rating and Analysis
1COV has only a medium technical rating, but it does show 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 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
1COV.DE Support and Resistance Analysis
53.02
We found 2 important support 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.
1COV.DE Technical Indicator Signal Analysis
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 | 56.54 | 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. |
1COV.DE Chart- and CandleStick Pattern Analysis
1COV.DE Example Setup
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 trade has a worst case loss of 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.
1COV.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:1COV (12/22/2025, 7:00:00 PM)
59.98
+0.18 (+0.3%)
COVESTRO AG / 1COV.DE TA FAQ
What is the technical rating for 1COV stock?
ChartMill assigns a technical rating of 6 / 10 to 1COV.DE.
Can you provide the trend direction for COVESTRO AG?
The current trend direction for COVESTRO AG (1COV.DE) is Bullish.
What is the RSI signal for 1COV stock?
COVESTRO AG (1COV.DE) has an RSI value of 55.9615. This indicates that the stock is currently neutral.
What is the short term momentum for COVESTRO AG (1COV.DE) stock?
The short term momentum for COVESTRO AG (1COV.DE) is positive.
Can you provide the buy/sell signal for COVESTRO AG?
The buy/sell signal for COVESTRO AG (1COV.DE) is buy as both the short term and long term trends are positive.