SALZGITTER AG (SZG.DE) Stock Technical Analysis
FRA:SZG - Deutsche Boerse Ag - DE0006202005 - Common Stock - Currency: EUR
Overall SZG gets a technical rating of 10 out of 10. In the last year, SZG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month SZG has a been trading in the 20.34 - 29.72 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SZG is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, SZG also shows a nice and consistent pattern of rising prices.
SZG is part of the Metals & Mining industry. There are 39 other stocks in this industry. SZG outperforms 76% of them.
SZG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SZG is lagging the market.
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
19.73
27.98
When analyzing the support we can see 3 important areas.
- Support @21.51 from a trend line in the daily time frame.
- A support zone ranging from 20.60 to 20.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.93 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.59 to 23.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.40 to 24.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.37 to 27.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 87.58 | POSITIVE | SZG.DE has a high relative strength, it outperformed 87.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SZG.DE is below 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) | 50.81 | NEUTRAL | The RSI value for SZG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests SZG.DE has a negative trend. |
| Stochastics (14,3) | 42.9 | NEUTRAL | The Stochastics value for SZG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for SZG.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.07 | 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 (7/31/2025, 12:15:41 PM)
22.72
-0.88 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.73%
1 Week0.17%
2 Weeks-5.45%
1 Month9.36%
3 Month3.33%
6 Month31.92%
12 Month49.56%
2 Year-25.08%
3 Year-4.76%
5 Year102.75%
10 Year-27.42%
15 Year-53.98%
Volatility
ATR(14)1.55
ATR(20)%7.52%
ATR Inc-56.46%
Range Today0.74
ADR(20)1.6
ADR(20)%7.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.58
Mansfield1.46
10 Day High26.6
10 Day Low20.34
20 Day High29.72
20 Day Low20.34
52 Week High29.72
52 Week Low12.96
CS1 End21.51
CR1 Start23.65
Volume & EV
DER(3)-0.54%
DER(5)-0.73%
Volume11.36K
Volume Incr-35.96%
Vol(5)251.62K
Vol(50)216.86K