NOVONESIS (NOVOZYMES) B (NZM2.DE) Technical Analysis
FRA:NZM2 • DK0060336014
Current stock price
NZM2.DE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to NZM2. NZM2 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, NZM2 is a bad performer in the overall market: 100% of all stocks are doing better.
- NZM2 is part of the Chemicals industry. There are 69 other stocks in this industry, of which 85% are performing better than NZM2.
- Warning: NZM2 has an average volume of 593 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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!
- In the last month NZM2 has a been trading in the 46.74 - 52.06 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NZM2.DE Weekly and Daily overview Charts
NZM2.DE Setup Rating and Analysis
The technical rating of NZM2 is bad and it also does not present a 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
NZM2.DE Support and Resistance Analysis
50.35
We can see 2 important resistance areas.
- Resistance @51.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 56.11 to 57.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
NZM2.DE 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NZM2.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NZM2.DE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NZM2.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NZM2.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NZM2.DE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.51 | NEUTRAL | The RSI value for NZM2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests NZM2.DE has a positive trend. |
| Stochastics (14,3) | 52.79 | NEUTRAL | The Stochastics value for NZM2.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NZM2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for NZM2.DE suggests a possible start of a new trend. |
NZM2.DE Chart- and CandleStick Pattern Analysis
NZM2.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:NZM2 (3/27/2026, 7:00:00 PM)
50.86
+0.89 (+1.78%)
NOVONESIS (NOVOZYMES) B / NZM2.DE TA FAQ
What is the ChartMill technical rating of NOVONESIS (NOVOZYMES) B (NZM2.DE) stock?
ChartMill assigns a technical rating of 2 / 10 to NZM2.DE.
What is the trend direction for NZM2 stock?
The current trend direction for NOVONESIS (NOVOZYMES) B (NZM2.DE) is Bullish.
What is the RSI signal for NZM2 stock?
NOVONESIS (NOVOZYMES) B (NZM2.DE) has an RSI value of 52.5122. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NOVONESIS (NOVOZYMES) B?
The MACD indicator for NOVONESIS (NOVOZYMES) B (NZM2.DE) has a value of 0.150321, indicating a bearish trend.