AI Signals

Why This Trade? ZGN

Oversold Bounce - identified September 4, 2026

The setup

Open
Ermenegildo Zegna N.V.
ZGN · Consumer Cyclical
12.27
-0.73%
Entry
••.••
Stop loss
••.••
Target
••.••
Risk / Reward
2.17:1

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Confidence (86%)

Why the scanner flagged it

  • RSI at 31.4 is in oversold territory
  • MACD has not yet confirmed, so position size should account for that
  • Volume is 91% above its 20 day average
  • Stop at $11.31 keeps risk to 6.0% of the position

RSI at 32.3 is in oversold territory MACD has not yet confirmed, so position size should account for that Volume is 190% above its 20 day average Stop at $11.83 keeps risk to 5.8% of the position

Indicator readings when the signal fired

Sep 4, 2026
RSI (14)
31.36
MACD
-0.36
MACD signal
-0.22
SMA 50
13.84
SMA 200
11.98
ATR (14)
0.51
Support
12.31
Resistance
13.92
Volume vs 20d
1.91

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