NN GROUP NV (NN.AS)       46.77  -0.62 (-1.31%)

46.77  -0.62 (-1.31%)

NL0010773842 - Common Stock

Technical Rating

Taking everything into account, NN scores 3 out of 10 in our technical rating. NN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



In the last month NN has a been trading in the 42.93 - 49.04 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.
NN has an average volume of 1062840. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, NN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
NN is an average performer in the Insurance industry, it outperforms 66% of 18 stocks in the same industry.
NN is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so NN is still doing slightly better than the market.

Statistics

1 Month 3 Months 6 Months 12 Months -3.31% -6.01% 0.13% 7.49% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 65.7 35.6 - 53
NN Weekly chart
NN Daily chart

Support/Resistance Analysis


39.44

53.30
When analyzing the support we can see 2 important areas.
  • A support zone ranging from 45.23 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 39.84 to 40.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
  • Resistance @46.97 from a trend line in the daily time frame.
  • A resistance zone ranging from 52.77 to 52.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

Although the technical rating is bad, NN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 46.63, 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.

NN Daily chart

NN GROUP NV46.77

AMS:NN (5/16/2022, 5:29:51 PM)-0.62 (-1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Insurance
Performance
Today -1.31% 1 Week 3.38%
2 Weeks 0.54% 1 Month -3.31%
3 Month -6.01% 6 Month 0.13%
Volatility
ATR(14) 1.32 ATR(20)% 2.72%
ATR Inc -1.22% Range Today 0.7
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 65.7 Mansfield 1.43
10 Day High 47.58 10 Day Low 44.95
20 Day High 49.04 20 Day Low 42.93
52 Week High 53 52 Week Low 35.6
CS1 End 46.63 CR1 Start 46.97
Volume & EV
DER(3) 1.45% DER(5) 1.3%
Volume 343.43K Volume Incr 11.64%
Vol(5) 802.82K Vol(50) 1.06M

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