NORDEA BANK ABP (04Q.DE) Stock Technical Analysis
Europe - FRA:04Q - FI4000297767 - Common Stock
14.485 EUR
+0.17 (+1.19%)
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 6421 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, 04Q did better than 87% of all other stocks. We also observe that the gains produced by 04Q over the past year are nicely spread over this period.
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.
04Q is an average performer in the Banks industry, it outperforms 55% of 95 stocks in the same industry.
In the last month 04Q has a been trading in the 13.90 - 15.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although 04Q has an excellent technical rating, it does not offer a high 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
10.37
15.26
We found 4 important support areas.
- Support @14.44 from a trend line in the daily time frame.
- A support zone ranging from 13.89 to 14.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.07 to 13.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.47 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.59 to 15.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for 04Q.DE is neutral. |
| ChartMill Relative Strength | 87.04 | POSITIVE | 04Q.DE has a high relative strength, it outperformed 87.04% 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) | 50.97 | NEUTRAL | The RSI value for 04Q.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests 04Q.DE has a negative trend. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for 04Q.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for 04Q.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 32.69 | POSITIVE | The high ADX value value for 04Q.DE suggests a strong 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)
FRA:04Q (11/6/2025, 7:00:00 PM)
14.485
+0.17 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.19%
1 Week-3.18%
2 Weeks-1.19%
1 Month4.51%
3 Month10.36%
6 Month16.77%
12 Month33.69%
2 Year40.55%
3 Year40.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.83%
ATR Inc39.62%
Range Today0.05
ADR(20)0.18
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
3 months CRS81.81
6 months CRS76.49
Mansfield0.59
10 Day High15.06
10 Day Low14.18
20 Day High15.1
20 Day Low13.9
52 Week High15.1
52 Week Low9.8
CS1 End14.44
CR1 Start14.59
Volume & EV
DER(3)0%
DER(5)0%
Volume26.05K
Volume Incr186.44%
Vol(5)15.73K
Vol(50)6.42K
NORDEA BANK ABP / 04Q.DE FAQ
Can you provide the ChartMill technical rating for NORDEA BANK ABP?
ChartMill assigns a technical rating of 10 / 10 to 04Q.DE.
Can you provide the trend direction for NORDEA BANK ABP?
The current trend direction for NORDEA BANK ABP (04Q.DE) is Bullish.
What is the RSI signal for NORDEA BANK ABP (04Q.DE) stock?
NORDEA BANK ABP (04Q.DE) has an RSI value of 50.9666. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORDEA BANK ABP?
The short term momentum for NORDEA BANK ABP (04Q.DE) is neutral.