WEGROW AG (ZN2.DE) Stock Technical Analysis
Europe - FRA:ZN2 - DE000A2LQUV1 - Common Stock
5.05 EUR
-0.05 (-0.98%)
Overall ZN2 gets a technical rating of 3 out of 10. ZN2 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ZN2 is a bad performer in the overall market: 100% of all stocks are doing better.
ZN2 is one of the lesser performing stocks in the Paper & Forest Products industry. 100% of 11 stocks in the same industry do better.
Warning: ZN2 has an average volume of 613 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ZN2 has a been trading in the 4.60 - 5.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZN2 has a poor technical rating and the quality of the setup is also not perfect 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
4.84
5.53
When analyzing the support we notice one important area.
- A support zone ranging from 4.89 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.16 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.48 from a trend 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 ZN2.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZN2.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZN2.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZN2.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZN2.DE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.72 | NEUTRAL | The RSI value for ZN2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZN2.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for ZN2.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.61 | NEUTRAL | The ADX value for ZN2.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:ZN2 (9/30/2025, 7:00:00 PM)
5.05
-0.05 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.98%
1 Week6.09%
2 Weeks3.06%
1 Month-2.88%
3 Month-4.72%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.51%
ATR Inc-7.41%
Range Today0
ADR(20)0.08
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.3
10 Day Low4.6
20 Day High5.3
20 Day Low4.6
52 Week HighN/A
52 Week LowN/A
CS1 End4.98
CR1 Start5.16
Volume & EV
DER(3)0%
DER(5)0%
Volume10
Volume Incr68.45%
Vol(5)1.06K
Vol(50)613.82