NORDEA BANK ABP (04Q.DE) Stock Technical Analysis
FRA:04Q - Deutsche Boerse Ag - FI4000297767 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to 04Q. In the last year, 04Q was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
04Q is one of the lesser performing stocks in the Banks industry. 78% of 92 stocks in the same industry do better.
Warning: 04Q has an average volume of 8806 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
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.
When compared to the yearly performance of all other stocks, 04Q outperforms 68% of them, which is more or less in line with the market.
In the last month 04Q has a been trading in the 11.98 - 13.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
04Q has an average technical rating and also 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.
More info and screens
10.12
13.33
3 important support areas can be observed.
- A support zone ranging from 12.14 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.00 from a trend line in the weekly time frame.
- A support zone ranging from 10.22 to 10.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.60 to 12.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.12 to 13.20. 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 | 68.97 | NEUTRAL | 04Q.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 04Q.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 04Q.DE is below a declining 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) | 52.37 | NEUTRAL | The RSI value for 04Q.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 04Q.DE has a positive trend. |
| Stochastics (14,3) | 61.27 | NEUTRAL | The Stochastics value for 04Q.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for 04Q.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.06 | 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)
FRA:04Q (7/28/2025, 7:00:00 PM)
12.58
-0.05 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.44%
1 Week2.61%
2 Weeks-0.47%
1 Month-0.08%
3 Month1.7%
6 Month9.39%
12 Month23.03%
2 Year22.25%
3 Year31.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.48%
ATR Inc-34.65%
Range Today0.17
ADR(20)0.13
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.97
Mansfield-0.03
10 Day High12.75
10 Day Low11.98
20 Day High13
20 Day Low11.98
52 Week High13.32
52 Week Low9.8
CS1 End12.53
CR1 Start12.6
Volume & EV
DER(3)0%
DER(5)0%
Volume5.21K
Volume Incr-58.6%
Vol(5)5.30K
Vol(50)8.81K