ABN AMRO BANK N.V.

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ABN
ISIN:	NL0011540547

ABN AMRO BANK N.V. - Daily - Technical analysis published on 01/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 14.065 EUR

My targets

15.405 EUR (+5.30%)

16.509 EUR (+12.84%)

My analysis

The bullish trend is currently very strong on ABN AMRO BANK N.V.. As long as the price remains above the support at 14.065 EUR, you could try to benefit from the boom. The first bullish objective is located at 15.405 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.509 EUR as an objective. Crossing it would then enable buyers to target 17.720 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The ABN AMRO BANK N.V. rating is 14.630 EUR. The price registered an increase of +5.52% on the session and was between 14.100 EUR and 14.645 EUR. This implies that the price is at +3.76% from its lowest and at -0.10% from its highest.

14.100

14.645

14.630

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ABN AMRO BANK N.V. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.795	13.220	14.065	14.630	15.405	16.509	17.720
Change (%)	-19.38%	-9.64%	-3.86%	-	+5.30%	+12.84%	+21.12%
Change	-2.835	-1.410	-0.565	-	+0.775	+1.879	+3.090
Level	Major	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.810	13.035	13.450	13.675	14.090	14.315	14.730
Camarilla	13.689	13.748	13.806	13.865	13.924	13.982	14.041
Woodie	12.905	13.083	13.545	13.723	14.185	14.363	14.825
Fibonacci	13.035	13.280	13.431	13.675	13.920	14.071	14.315

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.267	12.558	12.742	13.033	13.217	13.508	13.692
Camarilla	12.794	12.838	12.882	12.925	12.969	13.012	13.056
Woodie	12.213	12.531	12.688	13.006	13.163	13.481	13.638
Fibonacci	12.558	12.740	12.852	13.033	13.215	13.327	13.508

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.575	11.205	12.065	12.695	13.555	14.185	15.045
Camarilla	12.515	12.652	12.788	12.925	13.062	13.198	13.335
Woodie	10.690	11.263	12.180	12.753	13.670	14.243	15.160
Fibonacci	11.205	11.774	12.126	12.695	13.264	13.616	14.185

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	82.52
MACD (12,26,9):	0.5340
Directional Movement:	42.835
AROON (14):	85.714
DEMA (21):	13.673
Parabolic SAR (0,02-0,02-0,2):	12.990
Elder Ray (13):	1.116
Super Trend (3,10):	13.330
Zig ZAG (10):	14.555
VORTEX (21):	1.2260
Stochastique (14,3,5):	92.92
TEMA (21):	13.765
Williams %R (14):	-3.76
Chande Momentum Oscillator (20):	2.045
Repulse (5,40,3):	7.5730
ROCnROLL:	1
TRIX (15,9):	0.5420
Courbe Coppock:	17.53

MA7:	13.404
MA20:	12.896
MA50:	11.892
MA100:	10.769
MAexp7:	13.574
MAexp20:	12.981
MAexp50:	12.075
MAexp100:	11.356
Price / MA7:	+9.15%
Price / MA20:	+13.45%
Price / MA50:	+23.02%
Price / MA100:	+35.85%
Price / MAexp7:	+7.78%
Price / MAexp20:	+12.70%
Price / MAexp50:	+21.16%
Price / MAexp100:	+28.83%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on ABN AMRO BANK N.V. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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