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2G ENERGY AG (2GB.DE) Stock Technical Analysis

FRA:2GB - Deutsche Boerse Ag - DE000A0HL8N9 - Common Stock - Currency: EUR

29.85  -1.3 (-4.17%)

Technical Rating and Analysis

8

Overall 2GB gets a technical rating of 8 out of 10. 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 30.05 - 33.45 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that 2GB is one of the better performing stocks in the market, outperforming 91% of all stocks.
2GB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 89% of 56 stocks in the same industry.
2GB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so 2GB is performing more or less in line with the market.
Weekly and Daily overview Charts
2G ENERGY AG / 2GB Weekly stock chart
2G ENERGY AG / 2GB Daily stock chart
Setup Rating and Analysis

3

Although 2GB 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.

Support and Resistance Analysis

21.29

34.70

We found 3 important support areas.

  • Support @24.29 from a trend line in the weekly time frame.
  • A support zone ranging from 23.28 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.50 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 30.15 to 30.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @30.75 from a horizontal line in the weekly time frame.
  • Resistance @34.36 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for 2GB.DE is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for 2GB.DE is neutral.
ChartMill Relative Strength91.57POSITIVE2GB.DE has a high relative strength, it outperformed 91.57% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of 2GB.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of 2GB.DE is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of 2GB.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)47.34NEUTRALThe RSI value for 2GB.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.17NEGATIVEThe MACD value suggests 2GB.DE has a negative trend.
Stochastics (14,3)54.41NEUTRALThe Stochastics value for 2GB.DE is a neutral value.
Average True Range in percent/ATR (20)4.24MEDIUM VOLATILITYThe ATR as a percentage value for 2GB.DE suggests some volalility.
Average Directional Index/ADX (14)14.97NEGATIVEThe low ADX value for 2GB.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
2G ENERGY AG / 2GB Daily stock chart

2G ENERGY AG

FRA:2GB (6/19/2025, 3:36:07 PM)

29.85

-1.3 (-4.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-4.17%
1 Week-5.18%
2 Weeks-0.95%
1 Month-7.98%
3 Month12.05%
6 Month38.44%
12 Month33.12%
2 Year11.65%
3 Year37.68%
5 Year85.14%
10 Year510.78%
15 Year937.04%
Volatility
ATR(14)1.19
ATR(20)%4.24%
ATR Inc20.77%
Range Today0.97
ADR(20)1.28
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.57
Mansfield2.33
10 Day High33.45
10 Day Low30.85
20 Day High33.45
20 Day Low30.05
52 Week High34.7
52 Week Low18.4
CS1 End30.75
CR1 Start34.36
Volume & EV
DER(3)0.22%
DER(5)-1.3%
Volume1.72K
Volume Incr-23.1%
Vol(5)26.49K
Vol(50)40.60K