029 GROUP SE (Z29.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:Z29 - DE000A2LQ2D0 - Common Stock
We assign a technical rating of 4 out of 10 to Z29. 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.
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.
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26.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.59 to 32.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.20 to 28.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.88 to 33.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.62 to 36.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96.9 | POSITIVE | Z29.DE has a high relative strength, it outperformed 96.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of Z29.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of Z29.DE is below the rising 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) | 47.97 | NEUTRAL | The RSI value for Z29.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests Z29.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.81 | NEUTRAL | The Stochastics value for Z29.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for Z29.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for Z29.DE suggests a weak or negative trend. |
FRA:Z29 (12/8/2025, 7:00:00 PM)
32.6
-0.6 (-1.81%)
029 GROUP SE / Z29.DE FAQ
What is the technical rating for Z29 stock?
ChartMill assigns a technical rating of 4 / 10 to Z29.DE.
What is the trend direction for Z29 stock?
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 47.9714. 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 0.133902, indicating a bearish trend.