DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DRW8 - DE0005550602 - Common Stock
Overall DRW8 gets a technical rating of 5 out of 10. DRW8 was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
DRW8 has an average technical rating and also 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
50.48
4 important support areas can be observed.
- Support @56.18 from a trend line in the weekly time frame.
- 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 @52.84 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.
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The short term trend for DRW8.DE is down. |
| ChartMill Relative Strength | 84.94 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 84.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRW8.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRW8.DE is below a declining 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) | 41.31 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests DRW8.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.75 | OVERSOLD | The low Stochastics value suggests DRW8.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for DRW8.DE suggests a possible start of a new trend. |
FRA:DRW8 (1/6/2026, 4:40:52 PM)
58
+1.4 (+2.47%)
DRAEGERWERK AG / DRW8.DE FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG?
ChartMill assigns a technical rating of 4 / 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 41.3089. 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 -0.367237, 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.