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Covestro AG

COVTY•PNK
Basic Materials
Chemicals - Specialty
$33.78
$-1.18(-3.36%)
U.S. Market opens in 5h 12m

Covestro AG (COVTY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Covestro AG (PNK:COVTY).

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

COVTY 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 Bearish (RSI: 48.79)
Trend Strength:Weak (ADX: 18.35)
Volatility:Medium (ATR: 1.00)
Support/Resistance:$33.16 – $35.18 (Bollinger Bands)

Overall, Covestro AG remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 69.70

Bullish
Buying momentum building without extremes.

Williams %R: -54.02

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.55

Neutral
Price change is minimal.

Takeaway:Covestro AG shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.35

Weak
Weak trend, market trading sideways.

ATR (14): 1.00

Low
Low volatility, stable price action.

CCI (14): 26.61

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$35.18
Middle Band (SMA 20)
$34.17
Lower Band
$33.16
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$36.31
Middle Line (EMA 20)
$34.30
Lower Channel
$32.30
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume53.55K
Money Flow Index55.57Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.43Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:COVTY shows balanced money flow with a slight bullish bias.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Covestro AG shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

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