BNP PAR ENH HEATING OIL ER (0GZG.DE) Stock Technical Analysis
FRA:0GZG - Deutsche Boerse Ag - DE000PZ9REH3 - ETF - Currency: EUR
Taking everything into account, 0GZG scores 4 out of 10 in our technical rating. In the last year, 0GZG 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.
0GZG has an average technical rating and it also does not offer a high 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
55.63
2 important support areas can be observed.
- Support @59.08 from a horizontal line in the weekly time frame.
- Support @56.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.68 to 65.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 0GZG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 0GZG.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 0GZG.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 0GZG.DE is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 56.79 | NEUTRAL | The RSI value for 0GZG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.11 | NEGATIVE | The MACD value suggests 0GZG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.61 | NEUTRAL | The Stochastics value for 0GZG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for 0GZG.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for 0GZG.DE suggests a strong trend. |
FRA:0GZG (7/28/2025, 7:00:00 PM)
63.03
+0.91 (+1.47%)