WEGROW AG (ZN2.DE) Stock Technical Analysis
FRA:ZN2 - Deutsche Boerse Ag - DE000A2LQUV1 - Common Stock - Currency: EUR
Taking everything into account, ZN2 scores 4 out of 10 in our technical rating. ZN2 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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 part of the Paper & Forest Products industry. There are 10 other stocks in this industry, of which 100% are performing better than ZN2.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ZN2 has a been trading in the 5.05 - 5.80 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZN2 has an average technical rating and it also does not offer a high 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
5.24
5.87
We found 1 important support area.
- A support zone ranging from 5.29 to 5.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.81 to 5.81. 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 | 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) | UP | POSITIVE | The current price of ZN2.DE is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 64.06 | NEUTRAL | The RSI value for ZN2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZN2.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests ZN2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | 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 (7/22/2025, 7:00:00 PM)
5.8
+0.3 (+5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg5.45%
1 Week7.41%
2 Weeks7.41%
1 Month6.42%
3 Month2.65%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%2.46%
ATR Inc36.59%
Range Today0.2
ADR(20)0.11
ADR(20)%1.9%
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 High5.8
10 Day Low5.05
20 Day High5.8
20 Day Low5.05
52 Week HighN/A
52 Week LowN/A
CS1 End5.38
CR1 Start5.81
Volume & EV
DER(3)0%
DER(5)0%
Volume1.09K
Volume Incr10.2%
Vol(5)776
Vol(50)N/A