2G ENERGY AG (2GB.DE) Stock Technical Analysis
FRA:2GB - Deutsche Boerse Ag - DE000A0HL8N9 - Common Stock - Currency: EUR
Taking everything into account, 2GB scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 2GB is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
2GB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 90% of 52 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.
When comparing the yearly performance of all stocks, we notice that 2GB is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month 2GB has a been trading in the 27.25 - 34.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although 2GB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.29
34.70
4 important support areas can be observed.
- Support @24.69 from a trend line in the daily time frame.
- A support zone ranging from 23.75 to 23.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.86 from a trend line in the daily time frame.
- Support @21.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @34.36 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 | NEUTRAL | NEUTRAL | The short term trend for 2GB.DE is neutral. |
| ChartMill Relative Strength | 93.81 | POSITIVE | 2GB.DE has a high relative strength, it outperformed 93.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 2GB.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2GB.DE is above 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) | 50.31 | NEUTRAL | The RSI value for 2GB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests 2GB.DE has a negative trend. |
| Stochastics (14,3) | 44.9 | NEUTRAL | The Stochastics value for 2GB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for 2GB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.07 | POSITIVE | The high ADX value value for 2GB.DE suggests a strong 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 (5/23/2025, 7:00:00 PM)
30.85
-0.85 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.68%
1 Week-8.18%
2 Weeks-4.64%
1 Month11.98%
3 Month31.84%
6 Month43.16%
12 Month20.98%
2 Year13%
3 Year14.9%
5 Year139.61%
10 Year450.89%
15 Year1134%
Volatility
ATR(14)1.29
ATR(20)%4.42%
ATR Inc122.16%
Range Today1.65
ADR(20)1.28
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.81
Mansfield2.76
10 Day High34.7
10 Day Low30.2
20 Day High34.7
20 Day Low27.25
52 Week High34.7
52 Week Low18.4
CS1 End24.69
CR1 Start34.36
Volume & EV
DER(3)-4.14%
DER(5)-2.71%
Volume79.96K
Volume Incr29.37%
Vol(5)61.42K
Vol(50)48.80K