2G ENERGY AG (2GB.DE) Stock Technical Analysis
FRA:2GB - DE000A0HL8N9 - Common Stock
34.4 EUR
-1.1 (-3.1%)
Taking everything into account, 2GB scores 8 out of 10 in our technical rating. In the last year, 2GB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month 2GB has a been trading in the 34.05 - 39.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 2GB has an average volume of 25378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, 2GB did better than 93% of all other stocks. On top of that, 2GB also shows a nice and consistent pattern of rising prices.
2GB is part of the Electrical Equipment industry. There are 58 other stocks in this industry. 2GB outperforms 91% of them.
2GB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 2GB is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although 2GB has an excellent technical rating, it 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
24.07
39.50
When analyzing the support we can see 4 important areas.
- Support @29.79 from a horizontal line in the weekly time frame.
- Support @29.29 from a horizontal line in the daily time frame.
- Support @25.77 from a trend line in the weekly time frame.
- Support @24.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @39.11 from a horizontal line 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 2GB.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 2GB.DE is down. |
| ChartMill Relative Strength | 93.84 | POSITIVE | 2GB.DE has a high relative strength, it outperformed 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 2GB.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2GB.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2GB.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.98 | NEUTRAL | The RSI value for 2GB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests 2GB.DE has a negative trend. |
| Stochastics (14,3) | 14.06 | OVERSOLD | The low Stochastics value suggests 2GB.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for 2GB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for 2GB.DE suggests a weak or negative 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:2GB (9/5/2025, 7:00:00 PM)
34.4
-1.1 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.1%
1 Week-6.39%
2 Weeks-10.3%
1 Month-8.63%
3 Month5.85%
6 Month39.27%
12 Month82.98%
2 Year42.15%
3 Year78.24%
5 Year101.17%
10 Year637.01%
15 Year947.98%
Volatility
ATR(14)1.32
ATR(20)%3.82%
ATR Inc152.09%
Range Today2.05
ADR(20)1.29
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield1.67
10 Day High38.45
10 Day Low34.05
20 Day High39.6
20 Day Low34.05
52 Week High39.6
52 Week Low19.18
CS1 End29.79
CR1 Start39.11
Volume & EV
DER(3)-0.23%
DER(5)-1.05%
Volume33.01K
Volume Incr40.76%
Vol(5)36.33K
Vol(50)25.38K