ZIGNAGO VETRO SPA (ZV.MI) Stock Technical Analysis
BIT:ZV - Euronext Milan - IT0004171440 - Common Stock - Currency: EUR
Overall ZV gets a technical rating of 3 out of 10. 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.
When comparing the yearly performance of all stocks, ZV is a bad performer in the overall market: 82% of all stocks are doing better.
ZV is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ZV has a been trading in the 9.34 - 10.06 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZV is part of the Containers & Packaging industry. There are 13 other stocks in this industry, ZV did better than 66% of them.
Although the technical rating is bad, ZV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.85, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.06
11.50
2 important support areas can be observed.
- A support zone ranging from 9.71 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.15 to 9.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @10.13 from a trend line in the weekly time frame.
- Resistance @10.32 from a trend line in the daily time frame.
- Resistance @10.51 from a horizontal line in the weekly time frame.
- Resistance @10.92 from a trend line in the daily time frame.
- A resistance zone ranging from 11.36 to 11.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-1.22
10 Day High10.06
10 Day Low9.34
20 Day High10.06
20 Day Low9.34
52 Week High13.76
52 Week Low8.92
Performance
1 Week2.77%
2 Weeks2.99%
1 Month3.41%
3 Month2.56%
6 Month-4.94%
12 Month-24.81%
2 Year-44.32%
3 Year-16.11%
5 Year-8.09%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.41
LBB9.44
UBB10.08
BIT:ZV (3/7/2025, 7:00:00 PM)
10
-0.02 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.2%
1 Week2.77%
2 Weeks2.99%
1 Month3.41%
3 Month2.56%
6 Month-4.94%
12 Month-24.81%
2 Year-44.32%
3 Year-16.11%
5 Year-8.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.28%
ATR Inc-5.12%
Range Today0.19
ADR(20)0.21
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-1.22
10 Day High10.06
10 Day Low9.34
20 Day High10.06
20 Day Low9.34
52 Week High13.76
52 Week Low8.92
CS1 End9.85
CR1 Start10.13
Volume & EV
DER(3)3.74%
DER(5)2.93%
Volume56.05K
Volume Incr-16.94%
Vol(5)78.23K
Vol(50)83.05K