Technical Analysis for COVTY - Covestro Ag ADR [Sponsored]

Grade Last Price % Change Price Change
grade F 21.48 0.85% 0.1800
COVTY closed up 0.85 percent on Monday, August 19, 2019, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical COVTY trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup 0.85%
Narrow Range Bar Range Contraction 0.85%
Oversold Stochastic Weakness 0.85%
New 52 Week Closing Low Bearish 1.99%
Narrow Range Bar Range Contraction 1.99%
NR7 Range Contraction 1.99%
New 52 Week Low Weakness 1.99%
Gapped Down Weakness 1.99%

Older signals for COVTY ...

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Profile
Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The Coatings, Adhesives, Specialties segment offers raw materials for coatings, adhesives, and sealants, as well as specialties. It offers polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company markets its products through trading houses and distributors. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.
Manufacturing Transportation Plastics Industrial Processes Medical Technology Matter Adhesive Polyurethane Covestro Electronic Furniture Applications Polycarbonate Wood Processing
Is COVTY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 46.7
52 Week Low 20.99
Average Volume 24,868
200-Day Moving Average 26.4172
50-Day Moving Average 23.4855
20-Day Moving Average 22.6177
10-Day Moving Average 21.9125
Average True Range 0.632
ADX 20.43
+DI 23.1829
-DI 34.2895
Chandelier Exit (Long, 3 ATRs ) 23.332
Chandelier Exit (Short, 3 ATRs ) 22.886
Upper Bollinger Band 24.8021
Lower Bollinger Band 20.4333
Percent B (%b) 0.24
BandWidth 19.315846
MACD Line -0.6294
MACD Signal Line -0.5364
MACD Histogram -0.093
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.2450
Resistance 3 (R3) 22.2700 22.0400 22.1175
Resistance 2 (R2) 22.0400 21.8452 22.0275 22.0750
Resistance 1 (R1) 21.7600 21.7248 21.9000 21.7350 22.0325
Pivot Point 21.5300 21.5300 21.6000 21.5175 21.5300
Support 1 (S1) 21.2500 21.3352 21.3900 21.2250 20.9275
Support 2 (S2) 21.0200 21.2148 21.0075 20.8850
Support 3 (S3) 20.7400 21.0200 20.8425
Support 4 (S4) 20.7150