NORDEX SE (NDX1.DE) Stock Technical Analysis
FRA:NDX1 - DE000A0D6554 - Common Stock
20.9 EUR
-0.62 (-2.88%)
We assign a technical rating of 8 out of 10 to NDX1. In the last year, NDX1 was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NDX1 has a been trading in the 20.56 - 23.44 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NDX1 did better than 90% of all other stocks.
NDX1 is one of the better performing stocks in the Electrical Equipment industry, it outperforms 85% of 58 stocks in the same industry.
NDX1 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 NDX1 is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NDX1 also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 20.89, a Stop Loss order could be placed below this zone.
More info and screens
11.33
21.11
5 important support areas can be observed.
- A support zone ranging from 20.89 to 20.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.45 to 19.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.60 from a trend line in the daily time frame.
- Support @12.36 from a trend line in the weekly time frame.
- Support @11.44 from a horizontal line in the weekly time frame.
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 NDX1.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NDX1.DE is neutral. |
| ChartMill Relative Strength | 90.24 | POSITIVE | NDX1.DE has a high relative strength, it outperformed 90.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDX1.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NDX1.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NDX1.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.91 | NEUTRAL | The RSI value for NDX1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests NDX1.DE has a negative trend. |
| Stochastics (14,3) | 15.14 | OVERSOLD | The low Stochastics value suggests NDX1.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for NDX1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.59 | POSITIVE | The high ADX value value for NDX1.DE 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 |
|---|---|---|---|
| 21.55 | 20.88 | 0.67 (3.12%) | 25.00% |
| An entry @21.55. This is a Buy Stop order right above the 10 day moving average. | An exit @20.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.67 points, which is 3.12%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NDX1. Please evaluate whether better entry and exit points can be found.
- 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:NDX1 (8/29/2025, 7:00:00 PM)
20.9
-0.62 (-2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.88%
1 Week-4.91%
2 Weeks-2.97%
1 Month-3.6%
3 Month16.96%
6 Month60.15%
12 Month45.04%
2 Year89.23%
3 Year117.57%
5 Year90.87%
10 Year-18.71%
15 Year185.56%
Volatility
ATR(14)0.69
ATR(20)%3.35%
ATR Inc18.57%
Range Today1.02
ADR(20)0.66
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.24
Mansfield2.57
10 Day High22.48
10 Day Low20.56
20 Day High23.44
20 Day Low20.56
52 Week High23.44
52 Week Low10.48
CS1 End20.89
CR1 StartN/A
Volume & EV
DER(3)2.21%
DER(5)1.63%
Volume471.40K
Volume Incr-38.09%
Vol(5)399.07K
Vol(50)614.40K