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DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis

FRA:DRW8 - Deutsche Boerse Ag - DE0005550602 - Common Stock - Currency: EUR

56.8  -0.6 (-1.05%)

Technical Rating and Analysis

10

Overall DRW8 gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DRW8 has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: DRW8 has an average volume of 1369 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DRW8 did better than 83% of all other stocks. On top of that, DRW8 also shows a nice and consistent pattern of rising prices.
DRW8 is part of the Health Care Equipment & Supplies industry. There are 57 other stocks in this industry. DRW8 outperforms 76% of them.
DRW8 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 DRW8 is lagging the market slightly.
In the last month DRW8 has a been trading in the 52.80 - 59.00 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DRAEGERWERK AG / DRW8 Weekly stock chart
DRAEGERWERK AG / DRW8 Daily stock chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, DRW8 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 54.90, 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.
Support and Resistance Analysis

47.42

57.37

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 53.85 to 54.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @49.00 from a horizontal line in the daily time frame.
  • Support @47.90 from a horizontal line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DRW8.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DRW8.DE is up.
ChartMill Relative Strength83.18POSITIVEDRW8.DE has a high relative strength, it outperformed 83.18% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of DRW8.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DRW8.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DRW8.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)52.94NEUTRALThe RSI value for DRW8.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests DRW8.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)69.89NEUTRALThe Stochastics value for DRW8.DE is a neutral value.
Average True Range in percent/ATR (20)2.9MEDIUM VOLATILITYThe ATR as a percentage value for DRW8.DE suggests some volalility.
Average Directional Index/ADX (14)16.53NEGATIVEThe low ADX value for DRW8.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
58.4153.844.57 (7.82%)12.78%
An entry @58.41. This is a Buy Stop order right above the 10 day high.An exit @53.84. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.57 points, which is 7.82%.When investing 12.78% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
DRAEGERWERK AG / DRW8 Daily stock chart

DRAEGERWERK AG

FRA:DRW8 (7/11/2025, 7:00:00 PM)

56.8

-0.6 (-1.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.05%
1 Week5.19%
2 Weeks2.9%
1 Month-2.07%
3 Month14.98%
6 Month33.33%
12 Month24.29%
2 Year40.59%
3 Year27.64%
5 Year-13.94%
10 Year-24.09%
15 Year23.12%
Volatility
ATR(14)1.93
ATR(20)%2.9%
ATR Inc-54.01%
Range Today0.6
ADR(20)1.48
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.18
Mansfield1.25
10 Day High58.4
10 Day Low52.8
20 Day High59
20 Day Low52.8
52 Week High59.8
52 Week Low39
CS1 End54.9
CR1 StartN/A
Volume & EV
DER(3)0.55%
DER(5)1.85%
Volume371
Volume Incr-24.04%
Vol(5)707
Vol(50)1.37K