Europe - FRA:Z29 - DE000A2LQ2D0 - Common Stock
Overall Z29 gets a technical rating of 5 out of 10. In the last year, Z29 was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Z29 has an average technical rating and the quality of the presented setup is also not ideal 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.
22.02
We found 4 important support areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for Z29.DE is neutral. |
| ChartMill Relative Strength | 97.14 | POSITIVE | Z29.DE has a high relative strength, it outperformed 97.14% 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) | 48.73 | NEUTRAL | The RSI value for Z29.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests Z29.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.01 | NEUTRAL | The Stochastics value for Z29.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for Z29.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.92 | POSITIVE | The high ADX value value for Z29.DE suggests a strong trend. |
FRA:Z29 (11/3/2025, 7:00:00 PM)
34.2
-0.6 (-1.72%)
ChartMill assigns a technical rating of 5 / 10 to Z29.DE.
The current trend direction for 029 GROUP SE (Z29.DE) is Bullish.
029 GROUP SE (Z29.DE) has an RSI value of 48.728. This indicates that the stock is currently neutral.
The MACD indicator for 029 GROUP SE (Z29.DE) has a value of 0.135889, indicating a bearish trend.