WEGROW AG (ZN2.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ZN2 - DE000A2LQUV1 - Common Stock
We assign a technical rating of 5 out of 10 to ZN2. 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.
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
4.48
We found 3 important support areas.
- A support zone ranging from 4.81 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.25 to 5.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.81 from a horizontal line in the weekly 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) | UP | POSITIVE | The current price of ZN2.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZN2.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.49 | NEUTRAL | The RSI value for ZN2.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZN2.DE has a positive trend. |
| Stochastics (14,3) | 103.62 | OVERBOUGHT | The high Stochastics value suggests ZN2.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ZN2.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for ZN2.DE suggests a weak or negative trend. |
FRA:ZN2 (12/10/2025, 7:00:00 PM)
5.1
0 (0%)
WEGROW AG / ZN2.DE FAQ
What is the technical rating for ZN2 stock?
ChartMill assigns a technical rating of 5 / 10 to ZN2.DE.
What is the current trend direction of WEGROW AG (ZN2.DE) stock?
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 61.4918. This indicates that the stock is currently neutral.
What is the MACD signal for ZN2 stock?
The MACD indicator for WEGROW AG (ZN2.DE) has a value of 0.036318, indicating a bearish trend.
What are the support and resistance levels for WEGROW AG (ZN2.DE) stock?
WEGROW AG (ZN2.DE) has a support level at 4.89 and a resistance level at 5.25. Check the full technical report for our detailed analysis of ZN2.DE support and resistance levels.