WEGROW AG (ZN2.DE) Technical Analysis
FRA:ZN2 • DE000A2LQUV1
Current stock price
ZN2.DE Technical Rating and Analysis
Overall ZN2 gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ZN2 was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, ZN2 is a bad performer in the overall market: 88% of all stocks are doing better.
- ZN2 is one of the lesser performing stocks in the Paper & Forest Products industry. 90% of 12 stocks in the same industry do better.
- Warning: ZN2 has an average volume of 1535 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ZN2 has a been trading in the 3.06 - 4.72 range, which is quite wide. It is currently trading near the high of this range.
- ZN2 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZN2 is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZN2.DE Weekly and Daily overview Charts
ZN2.DE Setup Rating and Analysis
The technical rating of ZN2 is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ZN2.DE Support and Resistance Analysis
4.51
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.57 to 4.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.00 from a trend line in the daily time frame.
- Resistance @5.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.25 to 5.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
ZN2.DE 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 | NEUTRAL | NEUTRAL | The long term trend for ZN2.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZN2.DE is up. |
| ChartMill Relative Strength | 12.69 | NEGATIVE | ZN2.DE has a low relative strength, it was outperformed by 87.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZN2.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZN2.DE is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 73.46 | OVERBOUGHT | The high RSI value suggests ZN2.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ZN2.DE has a positive trend. |
| Stochastics (14,3) | 87.61 | OVERBOUGHT | The high Stochastics value suggests ZN2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for ZN2.DE suggests a possible start of a new trend. |
ZN2.DE Chart- and CandleStick Pattern Analysis
ZN2.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:ZN2 (4/21/2026, 7:00:00 PM)
4.56
0 (0%)
WEGROW AG / ZN2.DE TA FAQ
What is the technical rating for ZN2 stock?
ChartMill assigns a technical rating of 3 / 10 to ZN2.DE.
Can you provide the trend direction for WEGROW AG?
The current trend direction for WEGROW AG (ZN2.DE) is Bearish.
What is the RSI signal for WEGROW AG (ZN2.DE) stock?
WEGROW AG (ZN2.DE) has an RSI value of 73.4605. This indicates that the stock is currently overbought.
What is the MACD signal for WEGROW AG (ZN2.DE) stock?
The MACD indicator for WEGROW AG (ZN2.DE) has a value of 0.11207, indicating a bearish trend.