Technical Analysis for COVTY - Covestro Ag ADR [Sponsored]

Grade Last Price % Change Price Change
B 35.18 2.91% 0.9964
COVTY closed up 2.91 percent on Friday, April 16, 2021, on 38 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical COVTY trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Gapped Up Strength 0.00%
Fell Below 50 DMA Bearish 1.71%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.71%
Narrow Range Bar Range Contraction 1.71%
Inside Day Range Contraction 1.71%
Crossed Above 50 DMA Bullish -2.22%
180 Bullish Setup Bullish Swing Setup -2.22%
Expansion Pivot Buy Setup Bullish Swing Setup -2.22%
Older End-of-Day Signals for COVTY ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above 10 DMA 4 days ago
Rose Above Previous Day's High 4 days ago
Up 2% 4 days ago
Up 1% 4 days ago
Up 1 ATR 4 days ago
View Earlier Intraday Alerts

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Profile

Covestro Ag ADR [Sponsored] Description

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.


Classification

Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: Manufacturing Transportation Plastics Industrial Processes Matter Medical Technology Composite Materials Refrigeration Construction Industry Polyurethane Adhesive Finished Products Composite Material Carbonates Polycarbonate Leverkusen Covestro Electronic Wood Processing Furniture Applications

Is COVTY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.048
52 Week Low 15.13
Average Volume 27,257
200-Day Moving Average 28.4821
50-Day Moving Average 34.9966
20-Day Moving Average 33.6937
10-Day Moving Average 34.4059
Average True Range 0.9393
ADX 16.2
+DI 33.6877
-DI 23.7779
Chandelier Exit (Long, 3 ATRs ) 33.1621
Chandelier Exit (Short, 3 ATRs ) 34.1179
Upper Bollinger Band 35.8643
Lower Bollinger Band 31.5231
Percent B (%b) 0.84
BandWidth 12.8843
MACD Line 0.0291
MACD Signal Line -0.1685
MACD Histogram 0.1976
Fundamentals Value
Market Cap 13.59 Billion
Num Shares 386 Million
EPS 6.82
Price-to-Earnings (P/E) Ratio 5.15
Price-to-Sales 0.81
Price-to-Book 1.82
PEG Ratio 1.67
Dividend 0.68
Dividend Yield 1.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.9600
Resistance 3 (R3) 35.8733 35.5267 35.8300
Resistance 2 (R2) 35.5267 35.3280 35.5700 35.7866
Resistance 1 (R1) 35.3533 35.2053 35.4400 35.4400 35.7433
Pivot Point 35.0067 35.0067 35.0500 35.0500 35.0067
Support 1 (S1) 34.8333 34.8080 34.9200 34.9200 34.6167
Support 2 (S2) 34.4867 34.6853 34.5300 34.5734
Support 3 (S3) 34.3133 34.4867 34.5300
Support 4 (S4) 34.4000