CONTINENTAL AG (CON.DE) Stock Technical Analysis
FRA:CON - Deutsche Boerse Ag - DE0005439004 - Common Stock - Currency: EUR
Taking everything into account, CON scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CON is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by CON over the past year are nicely spread over this period.
CON is one of the better performing stocks in the Automobile Components industry, it outperforms 100% of 30 stocks in the same industry.
CON is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CON is performing more or less in line with the market.
In the last month CON has a been trading in the 73.40 - 78.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CON has an excellent technical rating, the quality of the presented setup is not ideal 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
59.36
78.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 74.91 to 74.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.19 from a trend line in the weekly time frame.
- Support @61.15 from a trend line in the daily time frame.
- Support @59.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.47 to 78.14. 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 | UP | POSITIVE | The long term trend for CON.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CON.DE is neutral. |
| ChartMill Relative Strength | 90.84 | POSITIVE | CON.DE has a high relative strength, it outperformed 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CON.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CON.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CON.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for CON.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests CON.DE has a negative trend. |
| Stochastics (14,3) | 35.15 | NEUTRAL | The Stochastics value for CON.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for CON.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.47 | NEUTRAL | The ADX value for CON.DE suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 76.58 | 74.90 | 1.68 (2.20%) | 25.00% |
| An entry @76.58. This is a Buy Stop order right above the 10 day moving average. | An exit @74.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.68 points, which is 2.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of CON. Please evaluate whether better entry and exit points can be found.
- 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:CON (6/18/2025, 5:36:15 PM)
74.92
-1.18 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.55%
1 Week-2.8%
2 Weeks-1.58%
1 Month-3.4%
3 Month6.91%
6 Month16.66%
12 Month35.53%
2 Year8.42%
3 Year12.66%
5 Year-14.04%
10 Year-64.7%
15 Year75.13%
Volatility
ATR(14)1.41
ATR(20)%2%
ATR Inc-0.5%
Range Today1.6
ADR(20)1.34
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.84
Mansfield1.22
10 Day High78.6
10 Day Low74.52
20 Day High78.68
20 Day Low73.4
52 Week High78.68
52 Week Low51.02
CS1 End74.91
CR1 Start76.47
Volume & EV
DER(3)3.56%
DER(5)4.52%
Volume216.15K
Volume Incr-15.72%
Vol(5)327.85K
Vol(50)482.69K