Advertisement

Ads Placeholder
Loading...

Covestro AG

1COV.FXETRA
Basic Materials
Chemicals - Specialty
59.40
-0.12(-0.20%)
German Market opens in 38h 29m

Covestro AG (1COV.F) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Covestro AG (XETRA:1COV.F).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

1COV.F Technical Analysis Summary

Covestro AG stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.54)
Trend Strength:Strong (ADX: 33.64)
Volatility:Low (ATR: 0.29)
Support/Resistance:$59.20 – $60.42 (Bollinger Bands)

This mix signals that Covestro AG is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.54

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 37.57

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.25

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.70

Neutral
Price change is minimal.

Takeaway:Covestro AG shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.64

Strong
Strong trend, momentum well established.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): -103.87

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Covestro AG shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$60.42
Middle Band (SMA 20)
$59.81
Lower Band
$59.20
Current Position
Within Bands

Takeaway:Covestro AG trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$60.37
Middle Line (EMA 20)
$59.78
Lower Channel
$59.20
Squeeze Status
No Squeeze

Takeaway:Covestro AG trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume45.35K
Money Flow Index41.63Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.38Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1COV.F shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Covestro AG, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Covestro AG are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ