DRAEGERWERK AG (DRW8.DE) Technical Analysis
FRA:DRW8 • DE0005550602
We assign a technical rating of 9 out of 10 to DRW8. 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 4880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that DRW8 is one of the better performing stocks in the market, outperforming 92% 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 65 other stocks in this industry. DRW8 outperforms 89% of them.
- DRW8 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRW8 is lagging the market slightly.
- In the last month DRW8 has a been trading in the 67.20 - 76.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- 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. There is a support zone below the current price at 69.20, a Stop Loss order could be placed below this zone.
More info and screens
55.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.18 to 69.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.98 to 59.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.36 from a trend line in the weekly time frame.
We found 1 important resistance 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.
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 | NEUTRAL | NEUTRAL | The short term trend for DRW8.DE is neutral. |
| ChartMill Relative Strength | 92.25 | POSITIVE | DRW8.DE has a high relative strength, it outperformed 92.25% 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 | 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) | 48.66 | NEUTRAL | The RSI value for DRW8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests DRW8.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.98 | NEUTRAL | The Stochastics value for DRW8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for DRW8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 25 | NEUTRAL | The ADX value for DRW8.DE suggests a possible start of a new 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 |
|---|---|---|---|
| 71.93 | 68.17 | 3.76 (5.23%) | 19.13% |
| An entry @71.93. This is a Buy Stop order right above the 10 day moving average. | An exit @68.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.76 points, which is 5.23%. | When investing 19.13% 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.
DRW8.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:DRW8 (3/10/2026, 10:48:00 AM)
70.4
+1.2 (+1.73%)
DRAEGERWERK AG / DRW8.DE FAQ
Can you provide the ChartMill technical rating for DRAEGERWERK AG?
ChartMill assigns a technical rating of 9 / 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 48.6558. 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 -0.634138, 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 69.2 and a resistance level at 75.6. Check the full technical report for our detailed analysis of DRW8.DE support and resistance levels.