ZIGNAGO VETRO SPA (ZV.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ZV - IT0004171440 - Common Stock
Taking everything into account, ZV scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ZV was also a bad performer in the overall market in the last year.
The technical rating of ZV is bad and it also does not present a quality setup 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.
More info and screens
7.37
4 important resistance areas can be observed.
- A resistance zone ranging from 7.50 to 7.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.85 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.23 from a horizontal line in the weekly time frame.
- Resistance @8.68 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ZV.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZV.MI is up. |
| ChartMill Relative Strength | 13.1 | NEGATIVE | ZV.MI has a low relative strength, it was outperformed by 86.9% 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) | 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) | 55.02 | NEUTRAL | The RSI value for ZV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ZV.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.85 | OVERBOUGHT | The high Stochastics value suggests ZV.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ZV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.04 | NEUTRAL | The ADX value for ZV.MI suggests a possible start of a new trend. |
BIT:ZV (12/5/2025, 7:00:00 PM)
7.44
-0.18 (-2.36%)
ZIGNAGO VETRO SPA / ZV.MI FAQ
What is the ChartMill technical rating of ZIGNAGO VETRO SPA (ZV.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to ZV.MI.
What is the current trend direction of ZIGNAGO VETRO SPA (ZV.MI) stock?
The current trend direction for ZIGNAGO VETRO SPA (ZV.MI) is Bearish.
What is the RSI signal for ZIGNAGO VETRO SPA (ZV.MI) stock?
ZIGNAGO VETRO SPA (ZV.MI) has an RSI value of 55.0162. This indicates that the stock is currently neutral.
What is the short term momentum for ZV stock?
The short term momentum for ZIGNAGO VETRO SPA (ZV.MI) is positive.
What is the buy/sell signal for ZIGNAGO VETRO SPA (ZV.MI) stock?
The buy/sell signal for ZIGNAGO VETRO SPA (ZV.MI) is hold as the short term and long term trends are mixed.