ZIGNAGO VETRO SPA (ZV.MI) Stock Technical Analysis
BIT:ZV - Euronext Milan - IT0004171440 - Common Stock - Currency: EUR
Taking everything into account, ZV scores 1 out of 10 in our technical rating. ZV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than ZV.
ZV is part of the Containers & Packaging industry. There are 14 other stocks in this industry, of which 61% are performing better than ZV.
ZV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZV has a been trading in the 8.06 - 8.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ZV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.87
9.23
We found 2 important support areas.
- A support zone ranging from 8.14 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.95 to 7.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.37 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.99 to 9.14. 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 | DOWN | NEGATIVE | The long term trend for ZV.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZV.MI is neutral. |
| ChartMill Relative Strength | 11.5 | NEGATIVE | ZV.MI has a low relative strength, it was outperformed by 88.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZV.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZV.MI is below a declining 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) | 49.84 | NEUTRAL | The RSI value for ZV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZV.MI has a positive trend. |
| Stochastics (14,3) | 45.24 | NEUTRAL | The Stochastics value for ZV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for ZV.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for ZV.MI suggests a weak or negative 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)
BIT:ZV (7/1/2025, 5:29:56 PM)
8.33
-0.04 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.48%
1 Week3.33%
2 Weeks0%
1 Month0.6%
3 Month0.84%
6 Month-10.86%
12 Month-32.28%
2 Year-46.41%
3 Year-27.97%
5 Year-37.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.81%
ATR Inc-46.92%
Range Today0.12
ADR(20)0.14
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.5
Mansfield-2
10 Day High8.43
10 Day Low8.06
20 Day High8.74
20 Day Low8.06
52 Week High12.36
52 Week Low7.71
CS1 End8.37
CR1 Start8.41
Volume & EV
DER(3)3.15%
DER(5)3.64%
Volume51.79K
Volume Incr-44.94%
Vol(5)42.77K
Vol(50)94.47K