029 GROUP SE (Z29.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:Z29 - DE000A2LQ2D0 - Common Stock
Overall Z29 gets a technical rating of 3 out of 10. Although Z29 is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, Z29 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 32.19, a Stop Loss order could be placed below this zone.
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26.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.79 to 32.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.68 to 26.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @33.25 from a trend line in the daily time frame.
- A resistance zone ranging from 34.41 to 34.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @36.81 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for Z29.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for Z29.DE is neutral. |
| ChartMill Relative Strength | 96.34 | POSITIVE | Z29.DE has a high relative strength, it outperformed 96.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of Z29.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of Z29.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of Z29.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.83 | NEUTRAL | The RSI value for Z29.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests Z29.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.87 | NEUTRAL | The Stochastics value for Z29.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for Z29.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.55 | NEGATIVE | The low ADX value for Z29.DE suggests a weak or negative trend. |
FRA:Z29 (1/7/2026, 7:00:00 PM)
32.2
0 (0%)
029 GROUP SE / Z29.DE FAQ
Can you provide the ChartMill technical rating for 029 GROUP SE?
ChartMill assigns a technical rating of 3 / 10 to Z29.DE.
Can you provide the trend direction for 029 GROUP SE?
The current trend direction for 029 GROUP SE (Z29.DE) is Bearish.
Can you provide the RSI signal for 029 GROUP SE?
029 GROUP SE (Z29.DE) has an RSI value of 50.8306. This indicates that the stock is currently neutral.
What is the short term momentum for Z29 stock?
The short term momentum for 029 GROUP SE (Z29.DE) is neutral.