ZIGNAGO VETRO SPA (ZV.MI) Stock Technical Analysis
BIT:ZV - IT0004171440 - Common Stock
7.91 EUR
-0.1 (-1.25%)
Overall ZV gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than ZV.
ZV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ZV has a been trading in the 7.91 - 8.58 range, which is quite wide. It is currently trading near the lows of this range.
ZV is part of the Containers & Packaging industry. There are 14 other stocks in this industry, ZV did better than 53% of them.
Considerably lower volume is observed in the last couple of days.
ZV has a poor technical rating and the quality of the setup is also 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.
More info and screens
7.75
8.89
When analyzing the support we notice one important area.
- A support zone ranging from 7.83 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.96 to 8.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.21 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.64 to 8.80. 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 | DOWN | NEGATIVE | The short term trend for ZV.MI is down. |
| ChartMill Relative Strength | 13.88 | NEGATIVE | ZV.MI has a low relative strength, it was outperformed by 86.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZV.MI is below a declining 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) | 35.16 | NEUTRAL | The RSI value for ZV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZV.MI has a negative trend. |
| Stochastics (14,3) | 5.8 | OVERSOLD | The low Stochastics value suggests ZV.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for ZV.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.6 | 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 (9/10/2025, 5:29:56 PM)
7.91
-0.1 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.25%
1 Week-1.49%
2 Weeks-5.16%
1 Month-3.18%
3 Month-3.65%
6 Month-12.6%
12 Month-25.24%
2 Year-44.22%
3 Year-28.74%
5 Year-41.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.82%
ATR Inc-1.75%
Range Today0.13
ADR(20)0.14
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-2.24
10 Day High8.49
10 Day Low7.91
20 Day High8.58
20 Day Low7.91
52 Week High11.56
52 Week Low7.71
CS1 End7.85
CR1 Start7.96
Volume & EV
DER(3)1.79%
DER(5)3.55%
Volume53.69K
Volume Incr-22.59%
Vol(5)47.42K
Vol(50)76.61K