DRAEGERWERK AG (DRW8.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:DRW8 - DE0005550602 - Common Stock
We assign a technical rating of 10 out of 10 to DRW8. 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.
DRW8 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
52.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.39 to 57.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.20 to 54.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.91 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.67 to 62.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 92.07 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 92.07% 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 | 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) | 53.43 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests DRW8.DE has a negative trend. |
| Stochastics (14,3) | 59.98 | NEUTRAL | The Stochastics value for DRW8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for DRW8.DE suggests a weak or negative 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 |
|---|---|---|---|
| 62.42 | 59.59 | 2.83 (4.53%) | 22.06% |
| An entry @62.42. This is a Buy Stop order right above the resistance zone. | An exit @59.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.83 points, which is 4.53%. | When investing 22.06% 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.
FRA:DRW8 (12/1/2025, 2:17:02 PM)
61.4
-1 (-1.6%)
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 trend direction for DRW8 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 53.431. This indicates that the stock is currently neutral.
What is the MACD signal for DRAEGERWERK AG (DRW8.DE) stock?
The MACD indicator for DRAEGERWERK AG (DRW8.DE) has a value of -0.0703434, indicating a bearish trend.
What is the support and resistance level for DRW8 stock?
DRAEGERWERK AG (DRW8.DE) has a support level at 57.47 and a resistance level at 61.67. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.