Europe - FRA:SAX - DE0007493991 - Common Stock
We assign a technical rating of 0 out of 10 to SAX. SAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SAX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
33.17
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SAX.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAX.DE is down. |
| ChartMill Relative Strength | 7.98 | NEGATIVE | SAX.DE has a low relative strength, it was outperformed by 92.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAX.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAX.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAX.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.64 | NEUTRAL | The RSI value for SAX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SAX.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.17 | NEUTRAL | The Stochastics value for SAX.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SAX.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for SAX.DE suggests a strong trend. |
FRA:SAX (11/20/2025, 5:29:52 PM)
33.5
-1.2 (-3.46%)
ChartMill assigns a technical rating of 0 / 10 to SAX.DE.
The current trend direction for STROEER SE & CO KGAA (SAX.DE) is Bearish.
STROEER SE & CO KGAA (SAX.DE) has an RSI value of 34.6381. This indicates that the stock is currently neutral.
The MACD indicator for STROEER SE & CO KGAA (SAX.DE) has a value of -0.138794, indicating a bearish trend.
STROEER SE & CO KGAA (SAX.DE) has a support level at 33.74 and a resistance level at 34.71. Check the full technical report for our detailed analysis of SAX.DE support and resistance levels.