Europe - Frankfurt Stock Exchange - FRA:SAX - DE0007493991 - Common Stock
We assign a technical rating of 1 out of 10 to SAX. SAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAX in the last couple of days, which is a good sign.
33.35
2 important support areas can be observed.
We can see 2 important resistance 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 | NEUTRAL | NEUTRAL | The short term trend for SAX.DE is neutral. |
| ChartMill Relative Strength | 12.39 | NEGATIVE | SAX.DE has a low relative strength, it was outperformed by 87.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAX.DE is above the rising 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) | 53.46 | NEUTRAL | The RSI value for SAX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SAX.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.84 | NEUTRAL | The Stochastics value for SAX.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SAX.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.12 | NEGATIVE | The low ADX value for SAX.DE suggests a weak or negative trend. |
FRA:SAX (12/19/2025, 7:00:00 PM)
36.55
+0.25 (+0.69%)
ChartMill assigns a technical rating of 1 / 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 53.4607. This indicates that the stock is currently neutral.
The MACD indicator for STROEER SE & CO KGAA (SAX.DE) has a value of 0.188094, indicating a bearish trend.
STROEER SE & CO KGAA (SAX.DE) has a support level at 36.41 and a resistance level at 36.55. Check the full technical report for our detailed analysis of SAX.DE support and resistance levels.