Loading...

Covestro AG

1COV.FXETRA
Basic Materials
Chemicals - Specialty
59.70
-0.10(-0.17%)
German Market opens in 61h 4m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.88)
Trend Strength:Weak (ADX: 14.17)
Volatility:Low (ATR: 0.16)
Support/Resistance:$59.47 – $59.81 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 58.88

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.67

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.34

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.17

Weak
Weak trend, market trading sideways.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 137.25

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Covestro AG shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$59.81
Middle Band (SMA 20)
$59.64
Lower Band
$59.47
Current Position
Within Bands

Takeaway:Covestro AG trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$60.00
Middle Line (EMA 20)
$59.69
Lower Channel
$59.38
Squeeze Status
Squeeze On

Takeaway:Covestro AG trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-101.12K
Money Flow Index86.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index23.43Bearish, price momentum favors sellers.

Overall Takeaway:1COV.F shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

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