FRA:SPG - Deutsche Boerse Ag - DE000SPG1003 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to SPG. SPG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, SPG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 21.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPG in the last couple of days, which is a good sign.
17.15
We found 3 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for SPG.DE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPG.DE is up. |
ChartMill Relative Strength | 0 | NEGATIVE | SPG.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPG.DE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPG.DE is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 60.83 | NEUTRAL | The RSI value for SPG.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SPG.DE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 78.65 | NEUTRAL | The Stochastics value for SPG.DE is a neutral value. |
Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SPG.DE suggests some volalility. |
Average Directional Index/ADX (14) | 36.12 | POSITIVE | The high ADX value value for SPG.DE suggests a strong trend. |
FRA:SPG (5/30/2025, 7:00:00 PM)
21.3
-0.3 (-1.39%)