NN GROUP NV (NN.AS)

NL0010773842 - Common Stock

42.48  -0.21 (-0.49%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to NN. Both in the recent history as in the last year, NN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
NN is one of the better performing stocks in the Insurance industry, it outperforms 86% of 37 stocks in the same industry.
NN 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 NN is leading the market.
In the last month NN has a been trading in the 41.10 - 43.86 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.
When comparing the yearly performance of all stocks, we notice that NN is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
NN Weekly chart
NN Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, NN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.20, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.15

44.01

We found 4 important support areas.

  • A support zone ranging from 40.39 to 41.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.55 from a trend line in the daily time frame.
  • A support zone ranging from 36.55 to 36.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.51 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 42.65 to 43.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.7
Mansfield1.05
10 Day High43.86
10 Day Low42.05
20 Day High43.86
20 Day Low41.1
52 Week High43.86
52 Week Low27.82
Performance
1 Week-0.65%
2 Weeks-1.25%
1 Month3.44%
3 Month15.04%
6 Month42.73%
12 Month24.57%
2 Year-9.05%
3 Year2.69%
5 Year9.97%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)57.05
LBB42.15
UBB43.82
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
43.0542.041.01 (2.35%)25.00%
An entry @43.05. This is a Buy Stop order right above the 10 day moving average.An exit @42.04. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.01 points, which is 2.35%.For a 0.59% 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 NN. 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.
NN Daily chart

NN GROUP NV

AMS:NN (4/19/2024, 11:44:13 AM)

42.48

-0.21 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.49%
1 Week-0.65%
2 Weeks-1.25%
1 Month3.44%
3 Month15.04%
6 Month42.73%
12 Month24.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.7
ATR(20)%1.43%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High43.86
10 Day Low42.05
20 Day High43.86
20 Day Low41.1
52 Week High43.86
52 Week Low27.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume65.85K
Volume Incr-8.68%
Vol(5)766.30K
Vol(50)892.67K