Europe - Euronext Milan - BIT:ZV - IT0004171440 - Common Stock
We assign a technical rating of 5 out of 10 to ZV. In the past year, ZV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
ZV has an average technical rating and also the quality of the setup is only medium 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.
7.89
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 ZV.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZV.MI is up. |
| ChartMill Relative Strength | 18.67 | NEGATIVE | ZV.MI has a low relative strength, it was outperformed by 81.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZV.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZV.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZV.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.71 | OVERBOUGHT | The high RSI value suggests ZV.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZV.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.49 | OVERBOUGHT | The high Stochastics value suggests ZV.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ZV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.23 | POSITIVE | The high ADX value value for ZV.MI suggests a strong trend. |
BIT:ZV (1/9/2026, 7:00:00 PM)
7.97
+0.06 (+0.76%)
ChartMill assigns a technical rating of 5 / 10 to ZV.MI.
The current trend direction for ZIGNAGO VETRO SPA (ZV.MI) is Bearish.
ZIGNAGO VETRO SPA (ZV.MI) has an RSI value of 70.7121. This indicates that the stock is currently overbought.
ZIGNAGO VETRO SPA (ZV.MI) has a support level at 7.97 and a resistance level at 7.99. Check the full technical report for our detailed analysis of ZV.MI support and resistance levels.