ABN AMRO BANK NV-CVA (ABN.AS) Stock Technical Analysis
AMS:ABN - Euronext Amsterdam - NL0011540547 - Currency: EUR
We assign a technical rating of 10 out of 10 to ABN. Both in the recent history as in the last year, ABN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ABN is one of the better performing stocks in the market, outperforming 94% of all stocks.
ABN is one of the better performing stocks in the Banks industry, it outperforms 89% of 96 stocks in the same industry.
ABN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ABN is leading the market.
ABN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ABN has an average volume of 3433900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, ABN 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 23.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.98, a Stop Loss order could be placed below this zone.
More info and screens
14.62
23.59
When analyzing the support we can see 5 important areas.
- A support zone ranging from 22.67 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.67 from a trend line in the weekly time frame.
- Support @18.11 from a trend line in the daily time frame.
- Support @15.76 from a trend line in the weekly time frame.
- Support @14.77 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.14 to 23.36. 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 ABN.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABN.AS is up. |
| ChartMill Relative Strength | 94.99 | POSITIVE | ABN.AS has a high relative strength, it outperformed 94.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABN.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABN.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABN.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.49 | NEUTRAL | The RSI value for ABN.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ABN.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.08 | NEUTRAL | The Stochastics value for ABN.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ABN.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 27.26 | POSITIVE | The high ADX value value for ABN.AS 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)
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 |
|---|---|---|---|
| 23.37 | 22.66 | 0.71 (3.04%) | 25.00% |
| An entry @23.37. This is a Buy Stop order right above the resistance zone. | An exit @22.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 3.04%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
AMS:ABN (6/18/2025, 7:00:00 PM)
23
+0.12 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.52%
1 Week1.46%
2 Weeks0.97%
1 Month1.77%
3 Month16.4%
6 Month57.32%
12 Month48.96%
2 Year61.63%
3 Year114.65%
5 Year200.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%1.97%
ATR Inc-26.32%
Range Today0.26
ADR(20)0.44
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.99
Mansfield2.96
10 Day High23.37
10 Day Low22.29
20 Day High23.4
20 Day Low21.85
52 Week High23.4
52 Week Low13.91
CS1 End22.98
CR1 Start23.14
Volume & EV
DER(3)-0.21%
DER(5)-1.37%
Volume1.76M
Volume Incr-41.6%
Vol(5)2.24M
Vol(50)3.43M