WEGROW AG (ZN2.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ZN2 - DE000A2LQUV1 - Common Stock
We assign a technical rating of 2 out of 10 to ZN2. In the last year, ZN2 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of ZN2 is bad and it also does not present a 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.
More info and screens
4.48
We found 2 important support areas.
- Support @4.69 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.53 to 4.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.88 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.25 to 5.41. 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 ZN2.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZN2.DE is neutral. |
| 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 | NEGATIVE | The current price of ZN2.DE is below 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) | 44.42 | NEUTRAL | The RSI value for ZN2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZN2.DE has a negative trend. |
| Stochastics (14,3) | 43.63 | NEUTRAL | The Stochastics value for ZN2.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for ZN2.DE suggests a weak or negative trend. |
FRA:ZN2 (1/9/2026, 7:00:00 PM)
4.74
-0.16 (-3.27%)
WEGROW AG / ZN2.DE FAQ
What is the technical rating for ZN2 stock?
ChartMill assigns a technical rating of 2 / 10 to ZN2.DE.
Can you provide the trend direction for WEGROW AG?
The current trend direction for WEGROW AG (ZN2.DE) is Bullish.
What is the RSI signal for ZN2 stock?
WEGROW AG (ZN2.DE) has an RSI value of 44.4157. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEGROW AG?
The short term momentum for WEGROW AG (ZN2.DE) is neutral.
Can you provide the support and resistance levels for WEGROW AG?
WEGROW AG (ZN2.DE) has a support level at 4.69 and a resistance level at 4.88. Check the full technical report for our detailed analysis of ZN2.DE support and resistance levels.