DRAEGERWERK AG - PREF (DRW3.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DRW3 - DE0005550636
We assign a technical rating of 10 out of 10 to DRW3. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRW3 is showing a nice and steady performance.
- Warning: DRW3 has an average volume of 2873 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.
- When comparing the yearly performance of all stocks, we notice that DRW3 is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, DRW3 also shows a nice and consistent pattern of rising prices.
- DRW3 is part of the Health Care Equipment & Supplies industry. There are 67 other stocks in this industry. DRW3 outperforms 89% of them.
- A new 52 week high is currently being made by DRW3, 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 DRW3 has a been trading in the 66.40 - 89.20 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DRW3 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.87 to 69.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.20 from a horizontal line in the daily time frame.
- Support @66.04 from a trend line in the daily time frame.
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 DRW3.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRW3.DE is up. |
| ChartMill Relative Strength | 92.22 | POSITIVE | DRW3.DE has a high relative strength, it outperformed 92.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRW3.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRW3.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRW3.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.55 | OVERBOUGHT | The high RSI value suggests DRW3.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.48 | POSITIVE | The MACD value suggests DRW3.DE has a positive trend. |
| Stochastics (14,3) | 84.13 | OVERBOUGHT | The high Stochastics value suggests DRW3.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW3.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.32 | POSITIVE | The high ADX value value for DRW3.DE suggests a strong trend. |
FRA:DRW3 (1/16/2026, 5:29:50 PM)
87.85
+8.35 (+10.5%)
DRAEGERWERK AG - PREF / DRW3.DE FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG - PREF?
ChartMill assigns a technical rating of 10 / 10 to DRW3.DE.
What is the trend direction for DRW3 stock?
The current trend direction for DRAEGERWERK AG - PREF (DRW3.DE) is Bullish.
What is the RSI signal for DRW3 stock?
DRAEGERWERK AG - PREF (DRW3.DE) has an RSI value of 83.5497. This indicates that the stock is currently overbought.
What is the MACD signal for DRAEGERWERK AG - PREF (DRW3.DE) stock?
The MACD indicator for DRAEGERWERK AG - PREF (DRW3.DE) has a value of 1.47824, indicating a bullish trend.
What is the support and resistance level for DRW3 stock?
DRAEGERWERK AG - PREF (DRW3.DE) has a support level at 69.98. Check the full technical report for our detailed analysis of DRW3.DE support and resistance levels.