DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:DRW8 • DE0005550602
Overall DRW8 gets a technical rating of 10 out of 10. 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 4514 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 91% 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 64 other stocks in this industry. DRW8 outperforms 88% of them.
- 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 56.20 - 72.80 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
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.
More info and screens
51.94
When analyzing the support we can see 4 important areas.
- Support @67.00 from a horizontal line in the daily time frame.
- A support zone ranging from 57.04 to 57.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.12 from a trend line in the weekly time frame.
- Support @52.46 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 DRW8.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRW8.DE is up. |
| ChartMill Relative Strength | 91.39 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 91.39% 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) | 66.68 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests DRW8.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.36 | OVERBOUGHT | The high Stochastics value suggests DRW8.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.38 | POSITIVE | The high ADX value value for DRW8.DE suggests a strong trend. |
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 |
|---|---|---|---|
| 72.81 | 66.99 | 5.82 (7.99%) | 12.51% |
| An entry @72.81. This is a Buy Stop order right above the 10 day high. | An exit @66.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.82 points, which is 7.99%. | For a 1.00% total portfolio risk, you can invest 12.51% of your capital in this trade. |
- 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.
FRA:DRW8 (1/30/2026, 7:00:00 PM)
71
+0.6 (+0.85%)
DRAEGERWERK AG / DRW8.DE 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 DRW8 stock?
DRAEGERWERK AG (DRW8.DE) has an RSI value of 66.6826. 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 0.573975, 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 67. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.