
Technical analysis of Heidelberg Materials AG (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Heidelberg Materials AG is a basic materials company that produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company supplies natural stone aggregates including sand and gravel, as well as asphalt and other building materials for construction applications. Founded in 1873 and headquartered in Heidelberg, Germany, it operates in the production and trade of materials used in construction and infrastructure projects.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 3, 2026, computed on the last 12 months of prices.
21 sessions
162.52 €
+2.51%
50 sessions
166.04 €
+0.34%
200 sessions
187.77 €
−11.27%
s2
157.97
Support
s1
160.78
Support
pivot
163.62
Pivot
r1
166.43
Resistance
r2
169.27
Resistance
In the September 3, 2026 session Heidelberg Materials AG closed higher at 166.60 €, +1.83% versus the previous session.
The price sits mixed against its moving averages: +2.51% against the 21-session average, +0.34% against the 50 and −11.27% against the 200.
The 14-period RSI reads 53.5, in neutral territory.
MACD stands at -0.158 against a signal line at -0.839: the histogram is positive (+0.681).
ADX reads 17.1, indicating weak directionality.
Levels computed on the latest session place supports at 160.78 and 157.97 € and resistances at 166.43 and 169.27 €, around a pivot of 163.62.
The average daily range (ATR) is 4.456 €, or 2.67% of price.
Turnover was 367.6K shares, 100% of the 20-session average.
Over the last twelve months the price ranged between 155.50 and 195.05 €, and today stands −14.59% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Heidelberg Materials AG analysed technically?
Technical analysis of Heidelberg Materials AG is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Heidelberg Materials AG?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Heidelberg Materials AG?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Heidelberg Materials AG it helps frame the technical structure of the historical chart and is not a forecast.
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