029 GROUP SE (Z29.DE) Stock Technical Analysis
Europe - FRA:Z29 - DE000A2LQ2D0 - Common Stock
We assign a technical rating of 6 out of 10 to Z29. Z29 has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Z29 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
21.00
We found 4 important support areas.
- A support zone ranging from 35.99 to 35.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.31 to 28.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.05 from a trend line in the daily time frame.
- Support @21.21 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 36.34 to 36.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.08 from a trend line in the daily time frame.
- Resistance @39.81 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 Z29.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for Z29.DE is up. |
| ChartMill Relative Strength | 96.75 | POSITIVE | Z29.DE has a high relative strength, it outperformed 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of Z29.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of Z29.DE is above 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) | 55.44 | NEUTRAL | The RSI value for Z29.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests Z29.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.91 | NEUTRAL | The Stochastics value for Z29.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for Z29.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for Z29.DE suggests a strong trend. |
FRA:Z29 (10/23/2025, 7:00:00 PM)
36
-0.4 (-1.1%)
029 GROUP SE / Z29.DE FAQ
What is the technical rating for Z29 stock?
ChartMill assigns a technical rating of 6 / 10 to Z29.DE.
What is the trend direction for Z29 stock?
The current trend direction for 029 GROUP SE (Z29.DE) is Bullish.
Can you provide the RSI signal for 029 GROUP SE?
029 GROUP SE (Z29.DE) has an RSI value of 55.4381. This indicates that the stock is currently neutral.
What is the MACD signal for Z29 stock?
The MACD indicator for 029 GROUP SE (Z29.DE) has a value of 0.737055, indicating a bearish trend.
Can you provide the buy/sell signal for 029 GROUP SE?
The buy/sell signal for 029 GROUP SE (Z29.DE) is buy as both the short term and long term trends are positive.