DRAEGERWERK AG (DRW8.DE) Technical Analysis
FRA:DRW8 • DE0005550602
Current stock price
DRW8.DE Technical Rating and Analysis
Taking everything into account, DRW8 scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: DRW8 has an average volume of 2926 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that DRW8 is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by DRW8 over the past year are nicely spread over this period.
- DRW8 is part of the Health Care Equipment & Supplies industry. There are 61 other stocks in this industry. DRW8 outperforms 88% of them.
- DRW8 is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DRW8 is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month DRW8 has a been trading in the 65.20 - 74.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DRW8.DE Weekly and Daily overview Charts
DRW8.DE Setup Rating and Analysis
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 a support zone below the current price at 67.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DRW8.DE Support and Resistance Analysis
56.41
When analyzing the support we can see 3 important areas.
- 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 60.00 to 60.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 69.52 to 70.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @74.20 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for DRW8.DE is down. |
| ChartMill Relative Strength | 89.52 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 89.52% 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) | 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) | 43.49 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DRW8.DE has a negative trend. |
| Stochastics (14,3) | 31.91 | NEUTRAL | The Stochastics value for DRW8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for DRW8.DE suggests a weak or negative trend. |
DRW8.DE Chart- and CandleStick Pattern Analysis
DRW8.DE Example Setup
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 |
|---|---|---|---|
| 70.61 | 67.59 | 3.02 (4.28%) | 23.38% |
| An entry @70.61. This is a Buy Stop order right above the resistance zone. | An exit @67.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.02 points, which is 4.28%. | For a 1.00% total portfolio risk, you can invest 23.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DRW8. Please evaluate whether better entry and exit points can be found.
- 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.
DRW8.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:DRW8 (3/31/2026, 7:00:00 PM)
67.8
-0.2 (-0.29%)
DRAEGERWERK AG / DRW8.DE TA 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 Bullish.
What is the RSI signal for DRAEGERWERK AG (DRW8.DE) stock?
DRAEGERWERK AG (DRW8.DE) has an RSI value of 43.4915. 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 hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for DRAEGERWERK AG?
DRAEGERWERK AG (DRW8.DE) has a support level at 67.6 and a resistance level at 69.52. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.