NORDEA BANK ABP (04Q.DE) Technical Analysis

FRA:04QFI4000297767

Current stock price

16.02 EUR
+0.06 (+0.38%)
Last:

04Q.DE Technical Rating and Analysis

7

Taking everything into account, 04Q scores 7 out of 10 in our technical rating. 04Q has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

  • Warning: 04Q has an average volume of 13121 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
  • When comparing the yearly performance of all stocks, we notice that 04Q is one of the better performing stocks in the market, outperforming 72% 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 14.19 - 16.23 range, which is quite wide. It is currently trading near the high of this range.
  • 04Q is part of the Banks industry. There are 107 other stocks in this industry, 04Q did better than 55% of them.
  • Volume is considerably higher in the last couple of days.

04Q.DE Weekly and Daily overview Charts

NORDEA BANK ABP / 04Q Weekly stock chart
NORDEA BANK ABP / 04Q Daily stock chart

04Q.DE Setup Rating and Analysis

5

04Q has an excellent technical rating, but the quality of the setup is 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.

04Q.DE Support and Resistance Analysis

14.17

17.35

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 15.69 to 15.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.31 to 14.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 16.02 to 16.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 17.18 to 17.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

04Q.DE Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for 04Q.DE is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for 04Q.DE is up.
ChartMill Relative Strength72.58POSITIVE04Q.DE has a high relative strength, it outperformed 72.58% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of 04Q.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of 04Q.DE is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of 04Q.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)56.6NEUTRALThe RSI value for 04Q.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.16POSITIVEThe MACD value suggests 04Q.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)90.63OVERBOUGHTThe high Stochastics value suggests 04Q.DE may be overbought.
Average True Range in percent/ATR (20)2.57MEDIUM VOLATILITYThe ATR as a percentage value for 04Q.DE suggests some volalility.
Average Directional Index/ADX (14)19.6NEGATIVEThe low ADX value for 04Q.DE suggests a weak or negative trend.

04Q.DE Chart- and CandleStick Pattern Analysis

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)

04Q.DE Technicals: Chart, Performance Metrics, Trend & Indicators

NORDEA BANK ABP / 04Q Daily stock chart

NORDEA BANK ABP

FRA:04Q (4/17/2026, 7:00:00 PM)

16.02

+0.06 (+0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.38%
1 Week1.49%
2 Weeks5.6%
1 Month0.5%
3 Month-6.75%
6 Month11.13%
12 Month41.46%
2 Year45.77%
3 Year59.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.57%
ATR Inc-24.76%
Range Today0.31
ADR(20)0.28
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.58
3 months CRS18.5
6 months CRS71.94
Mansfield0.18
10 Day High16.24
10 Day Low14.84
20 Day High16.24
20 Day Low14.19
52 Week High17.18
52 Week Low11.38
CS1 End15.89
CR1 Start16.02
Volume & EV
DER(3)0%
DER(5)0%
Volume4.89K
Volume Incr111.31%
Vol(5)21.43K
Vol(50)13.12K

NORDEA BANK ABP / 04Q.DE TA FAQ

Can you provide the ChartMill technical rating for NORDEA BANK ABP?

ChartMill assigns a technical rating of 7 / 10 to 04Q.DE.


What is the trend direction for 04Q stock?

The current trend direction for NORDEA BANK ABP (04Q.DE) is Bearish.


Can you provide the RSI signal for NORDEA BANK ABP?

NORDEA BANK ABP (04Q.DE) has an RSI value of 56.5985. This indicates that the stock is currently neutral.


What is the MACD signal for 04Q stock?

The MACD indicator for NORDEA BANK ABP (04Q.DE) has a value of 0.158513, indicating a bearish trend.