DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DRW8 - DE0005550602 - Common Stock
Taking everything into account, DRW8 scores 7 out of 10 in our technical rating. In the last year, DRW8 was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although DRW8 has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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50.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 55.82 to 56.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.20 to 54.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.90 from a trend line in the daily time frame.
- A support zone ranging from 50.99 to 51.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @62.41 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for DRW8.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRW8.DE is neutral. |
| ChartMill Relative Strength | 88.39 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 88.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRW8.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRW8.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRW8.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.44 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DRW8.DE has a positive trend. |
| Stochastics (14,3) | 46.81 | NEUTRAL | The Stochastics value for DRW8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for DRW8.DE suggests a possible start of a new trend. |
FRA:DRW8 (1/7/2026, 5:26:55 PM)
59.2
+1.2 (+2.07%)
DRAEGERWERK AG / DRW8.DE FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG?
ChartMill assigns a technical rating of 7 / 10 to DRW8.DE.
What is the current trend direction of DRAEGERWERK AG (DRW8.DE) stock?
The current trend direction for DRAEGERWERK AG (DRW8.DE) is Bearish.
What is the RSI signal for DRW8 stock?
DRAEGERWERK AG (DRW8.DE) has an RSI value of 52.4401. This indicates that the stock is currently neutral.
What is the MACD signal for DRW8 stock?
The MACD indicator for DRAEGERWERK AG (DRW8.DE) has a value of 0.00196894, indicating a bearish trend.
What are the support and resistance levels for DRAEGERWERK AG (DRW8.DE) stock?
DRAEGERWERK AG (DRW8.DE) has a support level at 56.18 and a resistance level at 62.41. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.