SALZGITTER AG (SZG.DE) Stock Technical Analysis
FRA:SZG - Deutsche Boerse Ag - DE0006202005 - Common Stock - Currency: EUR
Taking everything into account, SZG scores 0 out of 10 in our technical rating. SZG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SZG is a bad performer in the overall market: 85% of all stocks are doing better.
SZG is part of the Metals & Mining industry. There are 36 other stocks in this industry, of which 62% are performing better than SZG.
In the last month SZG has a been trading in the 18.50 - 24.18 range, which is quite wide. It is currently trading near the lows of this range.
SZG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SZG is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of SZG 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.
More info and screens
19.20
25.39
When analyzing the support we notice one important area.
- A support zone ranging from 19.39 to 19.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 19.42 to 19.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.81 to 21.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.57 to 21.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.77 from a trend line in the daily time frame.
- Resistance @25.14 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SZG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SZG.DE is down. |
| ChartMill Relative Strength | 15.04 | NEGATIVE | SZG.DE has a low relative strength, it was outperformed by 84.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SZG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SZG.DE is below a declining 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) | 37.08 | NEUTRAL | The RSI value for SZG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SZG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.85 | OVERSOLD | The low Stochastics value suggests SZG.DE may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SZG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for SZG.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:SZG (6/17/2025, 5:29:51 PM)
19.41
-0.08 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.41%
1 Week-3.24%
2 Weeks-6.23%
1 Month-17.96%
3 Month-23.76%
6 Month22.85%
12 Month6.01%
2 Year-41.43%
3 Year-16.41%
5 Year54.97%
10 Year-39.46%
15 Year-60.38%
Volatility
ATR(14)0.62
ATR(20)%4.32%
ATR Inc6.06%
Range Today1.05
ADR(20)0.78
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.04
Mansfield0.18
10 Day High21.54
10 Day Low18.5
20 Day High24.18
20 Day Low18.5
52 Week High28.18
52 Week Low12.96
CS1 End19.39
CR1 Start19.42
Volume & EV
DER(3)-2.14%
DER(5)-1.77%
Volume33.19K
Volume Incr-51.14%
Vol(5)43.84K
Vol(50)87.14K