WEGROW AG (ZN2.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:ZN2 • DE000A2LQUV1
We assign a technical rating of 0 out of 10 to ZN2. ZN2 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than ZN2.
- ZN2 is part of the Paper & Forest Products industry. There are 11 other stocks in this industry, of which 90% are performing better than ZN2.
- In the last month ZN2 has a been trading in the 4.60 - 5.50 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ZN2 has an average volume of 1222 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Although the technical rating is bad, ZN2 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.65, a Stop Loss order could be placed below this zone.
More info and screens
4.48
We found 1 important support area.
- A support zone ranging from 4.53 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.71 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.85 to 4.90. 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 5.33. 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 | NEUTRAL | NEUTRAL | The long term trend for ZN2.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZN2.DE is down. |
| 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) | 44.57 | NEUTRAL | The RSI value for ZN2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZN2.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.15 | OVERSOLD | The low Stochastics value suggests ZN2.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for ZN2.DE suggests a weak or negative trend. |
FRA:ZN2 (1/30/2026, 7:00:00 PM)
4.66
0 (0%)
WEGROW AG / ZN2.DE FAQ
What is the technical rating for ZN2 stock?
ChartMill assigns a technical rating of 0 / 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 ZN2 stock?
WEGROW AG (ZN2.DE) has an RSI value of 44.5671. 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 negative.
Can you provide the support and resistance levels for WEGROW AG?
WEGROW AG (ZN2.DE) has a support level at 4.65 and a resistance level at 4.71. Check the full technical report for our detailed analysis of ZN2.DE support and resistance levels.