NORDEA BANK ABP (04Q.DE) Stock Technical Analysis
FRA:04Q - FI4000297767 - Common Stock
13.345 EUR
-0.01 (-0.07%)
Taking everything into account, 04Q scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, 04Q has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 04Q has an average volume of 9310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that 04Q is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, 04Q also shows a nice and consistent pattern of rising prices.
04Q is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 04Q is lagging the market slightly.
In the last month 04Q has a been trading in the 12.96 - 13.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
04Q is part of the Banks industry. There are 89 other stocks in this industry, 04Q did better than 48% of them.
Considerably lower volume is observed in the last couple of days.
04Q has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
10.07
13.48
We found 6 important support areas.
- A support zone ranging from 13.21 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.92 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.13 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.13 from a trend line in the weekly time frame.
- Support @10.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.17 to 10.22. 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 | UP | POSITIVE | The long term trend for 04Q.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 04Q.DE is up. |
| ChartMill Relative Strength | 79.39 | POSITIVE | 04Q.DE has a high relative strength, it outperformed 79.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 04Q.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 04Q.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 04Q.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.29 | NEUTRAL | The RSI value for 04Q.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 04Q.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.03 | NEUTRAL | The Stochastics value for 04Q.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for 04Q.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for 04Q.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.49 | 13.20 | 0.29 (2.15%) | 25.00% |
| An entry @13.49. This is a Buy Stop order right above the 10 day high. | An exit @13.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 2.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:04Q (9/5/2025, 7:00:00 PM)
13.345
-0.01 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.07%
1 Week2.03%
2 Weeks-0.67%
1 Month1.68%
3 Month5.08%
6 Month2.57%
12 Month24.89%
2 Year28.32%
3 Year49.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.34%
ATR Inc12.81%
Range Today0.17
ADR(20)0.15
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.39
Mansfield0.32
10 Day High13.48
10 Day Low12.96
20 Day High13.8
20 Day Low12.96
52 Week High13.8
52 Week Low9.8
CS1 End13.27
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.92K
Volume Incr-28.83%
Vol(5)5.47K
Vol(50)9.31K