DRAEGERWERK AG - PREF (DRW3.DE) Technical Analysis
FRA:DRW3 • DE0005550636
Current stock price
DRW3.DE Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to DRW3. In the last year, DRW3 was one of the better performers, but we do observe some doubts in the very recent evolution.
- DRW3 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: DRW3 has an average volume of 4978 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that DRW3 is one of the better performing stocks in the market, outperforming 93% 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 63 other stocks in this industry. DRW3 outperforms 90% of them.
- DRW3 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 DRW3 is performing more or less in line with the market.
DRW3.DE Weekly and Daily overview Charts
DRW3.DE Setup Rating and Analysis
Besides having an excellent technical rating, DRW3 also presents 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 86.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.39, 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
DRW3.DE Support and Resistance Analysis
71.69
We found 2 important support areas.
- A support zone ranging from 85.35 to 85.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 72.41 to 72.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 86.00 to 88.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 92.40 to 93.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
DRW3.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 DRW3.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRW3.DE is neutral. |
| ChartMill Relative Strength | 93.5 | POSITIVE | DRW3.DE has a high relative strength, it outperformed 93.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRW3.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRW3.DE is below 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) | 44.22 | NEUTRAL | The RSI value for DRW3.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests DRW3.DE has a negative trend. |
| Stochastics (14,3) | 53.95 | NEUTRAL | The Stochastics value for DRW3.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW3.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for DRW3.DE suggests a possible start of a new trend. |
DRW3.DE Chart- and CandleStick Pattern Analysis
DRW3.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 |
|---|---|---|---|
| 88.10 | 85.34 | 2.76 (3.13%) | 25.00% |
| An entry @88.10. This is a Buy Stop order right above the resistance zone. | An exit @85.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.76 points, which is 3.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The distance between exit and entry is rather small compared to the average daily movement of DRW3. 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.
DRW3.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:DRW3 (3/20/2026, 5:36:15 PM)
85.4
-1.6 (-1.84%)
DRAEGERWERK AG - PREF / DRW3.DE TA FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG - PREF?
ChartMill assigns a technical rating of 9 / 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 44.2154. This indicates that the stock is currently neutral.
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 -0.37759, indicating a bearish trend.
What is the support and resistance level for DRW3 stock?
DRAEGERWERK AG - PREF (DRW3.DE) has a support level at 85.39 and a resistance level at 86. Check the full technical report for our detailed analysis of DRW3.DE support and resistance levels.