NOVONESIS (NOVOZYMES) B (NZM2.DE) Stock Technical Analysis
Europe - FRA:NZM2 - DK0060336014 - Common Stock
Overall NZM2 gets a technical rating of 4 out of 10. NZM2 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
NZM2 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
50.59
We found 1 important support area.
- A support zone ranging from 51.10 to 51.21. This zone is formed by a combination of multiple trend lines 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 NZM2.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NZM2.DE is up. |
| 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) | UP | POSITIVE | The current price of NZM2.DE is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 59.72 | NEUTRAL | The RSI value for NZM2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests NZM2.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.02 | OVERBOUGHT | The high Stochastics value suggests NZM2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for NZM2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for NZM2.DE suggests a strong trend. |
FRA:NZM2 (11/13/2025, 7:00:00 PM)
56.16
-1.08 (-1.89%)
NOVONESIS (NOVOZYMES) B / NZM2.DE FAQ
What is the ChartMill technical rating of NOVONESIS (NOVOZYMES) B (NZM2.DE) stock?
ChartMill assigns a technical rating of 4 / 10 to NZM2.DE.
What is the current trend direction of NOVONESIS (NOVOZYMES) B (NZM2.DE) 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 59.7187. 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 -1.12406, indicating a bearish trend.
What is the short term momentum for NZM2 stock?
The short term momentum for NOVONESIS (NOVOZYMES) B (NZM2.DE) is positive.