ZENOBE GRAMME (ZEN.BR) Stock Technical Analysis
Europe - EBR:ZEN - BE0003809267 - Common Stock
Overall ZEN gets a technical rating of 8 out of 10. Although ZEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ZEN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 220.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 215.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
184.13
When analyzing the support we can see 6 important areas.
- A support zone ranging from 210.48 to 215.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @206.88 from a trend line in the daily time frame.
- Support @203.00 from a trend line in the weekly time frame.
- Support @197.99 from a horizontal line in the daily time frame.
- Support @194.57 from a trend line in the daily time frame.
- Support @185.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 220.01 to 220.01. 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 | UP | POSITIVE | The long term trend for ZEN.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZEN.BR is up. |
| ChartMill Relative Strength | 50.84 | NEUTRAL | ZEN.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEN.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEN.BR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.36 | NEUTRAL | The RSI value for ZEN.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests ZEN.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.48 | OVERBOUGHT | The high Stochastics value suggests ZEN.BR may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for ZEN.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for ZEN.BR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 220.02 | 205.99 | 14.03 (6.38%) | 15.68% |
| An entry @220.02. This is a Buy Stop order right above the resistance zone. | An exit @205.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.03 points, which is 6.38%. | For a 1.00% total portfolio risk, you can invest 15.68% of your capital in this trade. |
- 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.
EBR:ZEN (10/23/2025, 7:00:00 PM)
218
0 (0%)
ZENOBE GRAMME / ZEN.BR FAQ
Can you provide the ChartMill technical rating for ZENOBE GRAMME?
ChartMill assigns a technical rating of 8 / 10 to ZEN.BR.
What is the trend direction for ZEN stock?
The current trend direction for ZENOBE GRAMME (ZEN.BR) is Bullish.
Can you provide the RSI signal for ZENOBE GRAMME?
ZENOBE GRAMME (ZEN.BR) has an RSI value of 56.3564. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZENOBE GRAMME?
The MACD indicator for ZENOBE GRAMME (ZEN.BR) has a value of 0.794191, indicating a bearish trend.
What are the support and resistance levels for ZENOBE GRAMME (ZEN.BR) stock?
ZENOBE GRAMME (ZEN.BR) has a support level at 215.6 and a resistance level at 220.01. Check the full technical report for our detailed analysis of ZEN.BR support and resistance levels.