NN GROUP NV (NN.AS)

NL0010773842 - Common Stock

43.32  +0.13 (+0.3%)

Technical Rating and Analysis

10

Overall NN gets a technical rating of 10 out of 10. 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NN did better than 90% of all other stocks.
NN is part of the Insurance industry. There are 36 other stocks in this industry. NN outperforms 85% of them.
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 a tight range between 41.93 and 43.86.
Weekly and Daily overview Charts
NN Weekly chart
NN Daily chart
Setup Rating and Analysis

9

NN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.97, 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.
Support and Resistance Analysis

35.15

44.01

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 40.90 to 43.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.72 from a trend line in the daily time frame.
  • Support @35.51 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @43.57 from a horizontal line in the daily time frame.
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
CRS90.63
Mansfield1.03
10 Day High43.81
10 Day Low42.05
20 Day High43.86
20 Day Low41.93
52 Week High43.86
52 Week Low27.82
Performance
1 Week2.27%
2 Weeks-0.8%
1 Month2.96%
3 Month13.93%
6 Month44.16%
12 Month27.89%
2 Year-7.99%
3 Year3.9%
5 Year11.26%
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)-0.12
RSI(14)59.62
LBB42.25
UBB43.93
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
43.5842.041.54 (3.53%)25.00%
An entry @43.58. This is a Buy Stop order right above the resistance zone.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 1.54 points, which is 3.53%.For a 0.88% 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.
NN Daily chart

NN GROUP NV

AMS:NN (4/25/2024, 11:52:50 AM)

43.32

+0.13 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.3%
1 Week2.27%
2 Weeks-0.8%
1 Month2.96%
3 Month13.93%
6 Month44.16%
12 Month27.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%1.54%
ATR Inc
Range Today0.28
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 High43.81
10 Day Low42.05
20 Day High43.86
20 Day Low41.93
52 Week High43.86
52 Week Low27.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume70.01K
Volume Incr17.28%
Vol(5)823.38K
Vol(50)902.48K