NORDEA BANK ABP (04Q.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:04Q • FI4000297767
We assign a technical rating of 10 out of 10 to 04Q. 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 10829 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!
- Looking at the yearly performance, 04Q did better than 89% of all other stocks. On top of that, 04Q also shows a nice and consistent pattern of rising prices.
- 04Q is one of the better performing stocks in the Banks industry, it outperforms 70% of 111 stocks in the same industry.
- 04Q is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month 04Q has a been trading in the 16.11 - 17.18 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.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, 04Q also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.33, a Stop Loss order could be placed below this zone.
More info and screens
10.37
We found 2 important support areas.
- A support zone ranging from 15.72 to 16.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 17.18 to 17.18. 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 | 89.16 | POSITIVE | 04Q.DE has a high relative strength, it outperformed 89.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 04Q.DE is above 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) | 53.74 | NEUTRAL | The RSI value for 04Q.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests 04Q.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.57 | NEUTRAL | The Stochastics value for 04Q.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for 04Q.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for 04Q.DE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 17.19 | 16.10 | 1.10 (6.37%) | 15.70% |
| An entry @17.19. This is a Buy Stop order right above the resistance zone. | An exit @16.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.10 points, which is 6.37%. | When investing 15.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (2/6/2026, 7:00:00 PM)
16.68
+0.23 (+1.37%)
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.
What is the current trend direction of NORDEA BANK ABP (04Q.DE) stock?
The current trend direction for NORDEA BANK ABP (04Q.DE) is Bullish.
What is the RSI signal for 04Q stock?
NORDEA BANK ABP (04Q.DE) has an RSI value of 53.7427. This indicates that the stock is currently neutral.
What is the short term momentum for NORDEA BANK ABP (04Q.DE) stock?
The short term momentum for NORDEA BANK ABP (04Q.DE) is positive.
Can you provide the support and resistance levels for NORDEA BANK ABP?
NORDEA BANK ABP (04Q.DE) has a support level at 16.33 and a resistance level at 17.18. Check the full technical report for our detailed analysis of 04Q.DE support and resistance levels.