SOFTWARE AG (SOW.DE) Stock Technical Analysis
FRA:SOW - Deutsche Boerse Ag - DE000A2GS401 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to SOW. In the last year, SOW was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SOW has a been trading in the 36.32 - 39.16 range, which is quite wide. It is currently trading near the lows of this range.
Warning: SOW has an average volume of 27105 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, SOW did better than 98% of all other stocks.
SOW is part of the Software industry. There are 101 other stocks in this industry. SOW outperforms 93% of them.
SOW 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 SOW is lagging the market slightly.
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.
Volume is considerably higher in the last couple of days.
Although SOW has an excellent technical rating, it does not present a decent entry opportunity 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
30.93
39.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.54 to 37.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @32.10 from a horizontal line in the daily time frame.
- A support zone ranging from 31.24 to 31.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.86 to 38.87. 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 SOW.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOW.DE is down. |
| ChartMill Relative Strength | 98.28 | POSITIVE | SOW.DE has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOW.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOW.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOW.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.95 | NEUTRAL | The RSI value for SOW.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests SOW.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.43 | NEUTRAL | The Stochastics value for SOW.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for SOW.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 34.99 | POSITIVE | The high ADX value value for SOW.DE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:SOW (2/23/2024, 7:00:00 PM)
37.1
+0.1 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.27%
1 Week-2.62%
2 Weeks-4.13%
1 Month-4.48%
3 Month17.03%
6 Month17.03%
12 Month99.36%
2 Year9.5%
3 Year0.71%
5 Year15.4%
10 Year28.53%
15 Year122.82%
Volatility
ATR(14)0.48
ATR(20)%1.42%
ATR Inc86.52%
Range Today0.82
ADR(20)0.51
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.28
Mansfield0.4
10 Day High38.78
10 Day Low36.32
20 Day High39.16
20 Day Low36.32
52 Week High39.22
52 Week Low18.64
CS1 End37.09
CR1 Start38.86
Volume & EV
DER(3)-0.19%
DER(5)-0.65%
Volume317.60K
Volume Incr473.45%
Vol(5)97.49K
Vol(50)27.11K