SALZGITTER AG (SZG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:SZG - DE0006202005 - Common Stock
Taking everything into account, SZG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SZG is showing a nice and steady performance.
Although SZG has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
22.68
5 important support areas can be observed.
- A support zone ranging from 34.99 to 35.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.22 from a trend line in the daily time frame.
- Support @27.34 from a horizontal line in the daily time frame.
- Support @23.70 from a trend line in the weekly time frame.
- Support @22.91 from a trend line in the daily time frame.
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 SZG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SZG.DE is up. |
| ChartMill Relative Strength | 97.98 | POSITIVE | SZG.DE has a high relative strength, it outperformed 97.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SZG.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SZG.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SZG.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.04 | NEUTRAL | The RSI value for SZG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests SZG.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.04 | OVERBOUGHT | The high Stochastics value suggests SZG.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for SZG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for SZG.DE suggests a possible start of a new trend. |
FRA:SZG (12/4/2025, 2:08:08 PM)
35.71
+0.57 (+1.62%)
SALZGITTER AG / SZG.DE FAQ
What is the ChartMill technical rating of SALZGITTER AG (SZG.DE) stock?
ChartMill assigns a technical rating of 10 / 10 to SZG.DE.
What is the trend direction for SZG stock?
The current trend direction for SALZGITTER AG (SZG.DE) is Bullish.
What is the RSI signal for SZG stock?
SALZGITTER AG (SZG.DE) has an RSI value of 69.0433. This indicates that the stock is currently neutral.
What is the short term momentum for SZG stock?
The short term momentum for SALZGITTER AG (SZG.DE) is positive.
What is the buy/sell signal for SZG stock?
The buy/sell signal for SALZGITTER AG (SZG.DE) is buy as both the short term and long term trends are positive.