MERCEDES-BENZ GROUP AG (MBG.DE) Stock Technical Analysis
FRA:MBG - Deutsche Boerse Ag - DE0007100000 - Common Stock - Currency: EUR
Taking everything into account, MBG scores 6 out of 10 in our technical rating. In the last year, MBG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
72% of all other stocks performed better in the past year than MBG.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MBG has a been trading in the 56.81 - 62.87 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MBG has an average volume of 2684840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MBG is part of the Automobiles industry. There are 32 other stocks in this industry, MBG did better than 54% of them.
MBG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
MBG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 61.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.36, a Stop Loss order could be placed below this zone.
More info and screens
50.93
76.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.06 to 60.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.58 to 59.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.52 from a trend line in the daily time frame.
- A support zone ranging from 51.44 to 52.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 61.33 to 62.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.10 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.67
Mansfield-0.45
10 Day High62.87
10 Day Low56.95
20 Day High62.87
20 Day Low56.81
52 Week High77.45
52 Week Low50.75
Performance
1 Week1.56%
2 Weeks3.23%
1 Month6.72%
3 Month12.87%
6 Month3.85%
12 Month-16.33%
2 Year-14.24%
3 Year-4.87%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)54.37
LBB57.91
UBB62.73
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.57 | 60.05 | 2.52 (4.03%) | 24.83% |
| An entry @62.57. This is a Buy Stop order right above the resistance zone. | An exit @60.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.52 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MBG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:MBG (3/7/2025, 7:00:00 PM)
60.7
-1.6 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.57%
1 Week1.56%
2 Weeks3.23%
1 Month6.72%
3 Month12.87%
6 Month3.85%
12 Month-16.33%
2 Year-14.24%
3 Year-4.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%3.12%
ATR Inc47.41%
Range Today2.06
ADR(20)1.59
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.67
Mansfield-0.45
10 Day High62.87
10 Day Low56.95
20 Day High62.87
20 Day Low56.81
52 Week High77.45
52 Week Low50.75
CS1 End60.36
CR1 Start61.33
Volume & EV
DER(3)0.01%
DER(5)0.17%
Volume2.86M
Volume Incr48.11%
Vol(5)4.10M
Vol(50)2.68M