DRAEGERWERK AG (DRW8.DE) Technical Analysis
FRA:DRW8 • DE0005550602
Current stock price
DRW8.DE Technical Rating and Analysis
Taking everything into account, DRW8 scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRW8 is showing a nice and steady performance.
- Warning: DRW8 has an average volume of 2758 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!
- When comparing the yearly performance of all stocks, we notice that DRW8 is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by DRW8 over the past year are nicely spread over this period.
- DRW8 is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 88% of 63 stocks in the same industry.
- DRW8 is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DRW8 has a been trading in the 65.20 - 76.60 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DRW8.DE Weekly and Daily overview Charts
DRW8.DE Setup Rating and Analysis
DRW8 has an excellent technical rating, but the quality of the setup is only medium 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
DRW8.DE Support and Resistance Analysis
59.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.98 to 71.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.60 to 67.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 60.32 to 60.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.60 to 75.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
DRW8.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 DRW8.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRW8.DE is up. |
| ChartMill Relative Strength | 90.39 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRW8.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRW8.DE is above 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) | 62.2 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests DRW8.DE has a positive trend. |
| Stochastics (14,3) | 87.05 | OVERBOUGHT | The high Stochastics value suggests DRW8.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for DRW8.DE suggests a weak or negative trend. |
DRW8.DE Chart- and CandleStick Pattern Analysis
DRW8.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:DRW8 (4/10/2026, 7:00:00 PM)
75
0 (0%)
DRAEGERWERK AG / DRW8.DE TA FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for DRAEGERWERK AG (DRW8.DE) stock?
DRAEGERWERK AG (DRW8.DE) has an RSI value of 62.2019. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DRAEGERWERK AG?
The buy/sell signal for DRAEGERWERK AG (DRW8.DE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DRAEGERWERK AG?
DRAEGERWERK AG (DRW8.DE) has a support level at 71.56 and a resistance level at 75.6. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.