ZEGONA COMMUNICATIONS PLC (ZEG.L) Technical Analysis
LON:ZEG • GB00BVGBY890
Current stock price
ZEG.L Technical Rating and Analysis
Overall ZEG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZEG is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, ZEG did better than 98% of all other stocks. On top of that, ZEG also shows a nice and consistent pattern of rising prices.
- ZEG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ZEG has a been trading in the 1650.00 - 1832.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ZEG.L Weekly and Daily overview Charts
ZEG.L Setup Rating and Analysis
Besides having an excellent technical rating, ZEG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1805.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1770.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZEG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ZEG.L Support and Resistance Analysis
1,565.75
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1745.90 to 1770.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1690.44 to 1710.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1619.99 to 1637.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1581.57 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1805.01 to 1810.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1850.00 to 1850.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
ZEG.L Technical Indicator Signal Analysis
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 ZEG.L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEG.L is neutral. |
| ChartMill Relative Strength | 98.49 | POSITIVE | ZEG.L has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEG.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEG.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZEG.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.12 | NEUTRAL | The RSI value for ZEG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.26 | NEGATIVE | The MACD value suggests ZEG.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.06 | NEUTRAL | The Stochastics value for ZEG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for ZEG.L suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for ZEG.L suggests a weak or negative trend. |
ZEG.L Chart- and CandleStick Pattern Analysis
ZEG.L Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,810.01 | 1,745.89 | 64.12 (3.54%) | 25.00% |
| An entry @1810.01. This is a Buy Stop order right above the resistance zone. | An exit @1745.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 64.12 points, which is 3.54%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ZEG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZEG.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:ZEG (5/1/2026, 5:29:21 PM)
1793
+37 (+2.11%)
ZEGONA COMMUNICATIONS PLC / ZEG.L TA FAQ
What is the technical rating for ZEG stock?
ChartMill assigns a technical rating of 9 / 10 to ZEG.L.
What is the current trend direction of ZEGONA COMMUNICATIONS PLC (ZEG.L) stock?
The current trend direction for ZEGONA COMMUNICATIONS PLC (ZEG.L) is Bullish.
What is the RSI signal for ZEGONA COMMUNICATIONS PLC (ZEG.L) stock?
ZEGONA COMMUNICATIONS PLC (ZEG.L) has an RSI value of 55.1199. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZEGONA COMMUNICATIONS PLC?
The MACD indicator for ZEGONA COMMUNICATIONS PLC (ZEG.L) has a value of -3.25578, indicating a bearish trend.
Can you provide the support and resistance levels for ZEGONA COMMUNICATIONS PLC?
ZEGONA COMMUNICATIONS PLC (ZEG.L) has a support level at 1770.1 and a resistance level at 1805.01. Check the full technical report for our detailed analysis of ZEG.L support and resistance levels.