AKZO NOBEL N.V. (AKZA.AS) Stock Technical Analysis
AMS:AKZA - Euronext Amsterdam - NL0013267909 - Common Stock - Currency: EUR
Overall AKZA gets a technical rating of 6 out of 10. Although AKZA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, AKZA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 59.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
58.06
When analyzing the support we notice one important area.
- A support zone ranging from 58.65 to 59.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.72 to 60.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.89 to 61.93. 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 AKZA.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKZA.AS is up. |
| ChartMill Relative Strength | 28.93 | NEGATIVE | AKZA.AS has a low relative strength, it was outperformed by 71.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKZA.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AKZA.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKZA.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.69 | NEUTRAL | The RSI value for AKZA.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests AKZA.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.94 | NEUTRAL | The Stochastics value for AKZA.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for AKZA.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for AKZA.AS 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 |
|---|---|---|---|
| 60.65 | 58.64 | 2.01 (3.31%) | 25.00% |
| An entry @60.65. This is a Buy Stop order right above the resistance zone. | An exit @58.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.01 points, which is 3.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- 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:AKZA (5/27/2025, 5:29:58 PM)
59.59
-0.21 (-0.35%)