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 03/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 13.883 EUR

My targets

15.365 EUR (+2.40%)

16.470 EUR (+9.76%)

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 13.883 EUR, you could try to benefit from the boom. The first bullish objective is located at 15.365 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.470 EUR as an objective. Crossing it would then enable buyers to target 17.852 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

7.5

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. price is 15.005 EUR. On the day, this instrument lost -0.07% and was traded between 14.965 EUR and 15.210 EUR over the period. The price is currently at +0.27% from its lowest and -1.35% from its highest.

14.965

15.210

15.005

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ABN AMRO BANK N.V. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near support of channel

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.875	13.883	14.995	15.005	15.365	17.852	19.748
Change (%)	-14.20%	-7.48%	-0.07%	-	+2.40%	+18.97%	+31.61%
Change	-2.130	-1.122	-0.010	-	+0.360	+2.847	+4.743
Level	Major	Minor	Intermediate	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.662	14.838	14.927	15.103	15.192	15.368	15.457
Camarilla	14.942	14.966	14.991	15.015	15.039	15.064	15.088
Woodie	14.618	14.816	14.883	15.081	15.148	15.346	15.413
Fibonacci	14.838	14.940	15.002	15.103	15.205	15.267	15.368

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.337	14.568	14.707	14.938	15.077	15.308	15.447
Camarilla	14.743	14.777	14.811	14.845	14.879	14.913	14.947
Woodie	14.290	14.545	14.660	14.915	15.030	15.285	15.400
Fibonacci	14.568	14.710	14.797	14.938	15.080	15.167	15.308

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.360	12.170	13.510	14.320	15.660	16.470	17.810
Camarilla	14.259	14.456	14.653	14.850	15.047	15.244	15.441
Woodie	11.625	12.303	13.775	14.453	15.925	16.603	18.075
Fibonacci	12.170	12.991	13.499	14.320	15.141	15.649	16.470

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):	62.35
MACD (12,26,9):	0.2900
Directional Movement:	15.879
AROON (14):	85.714
DEMA (21):	15.114
Parabolic SAR (0,02-0,02-0,2):	14.814
Elder Ray (13):	0.230
Super Trend (3,10):	14.279
Zig ZAG (10):	14.975
VORTEX (21):	1.1410
Stochastique (14,3,5):	69.53
TEMA (21):	15.149
Williams %R (14):	-38.82
Chande Momentum Oscillator (20):	0.265
Repulse (5,40,3):	-2.3380
ROCnROLL:	1
TRIX (15,9):	0.3380
Courbe Coppock:	4.43

MA7:	14.956
MA20:	14.835
MA50:	14.022
MA100:	13.460
MAexp7:	14.956
MAexp20:	14.714
MAexp50:	14.205
MAexp100:	13.827
Price / MA7:	+0.33%
Price / MA20:	+1.15%
Price / MA50:	+7.01%
Price / MA100:	+11.48%
Price / MAexp7:	+0.33%
Price / MAexp20:	+1.98%
Price / MAexp50:	+5.63%
Price / MAexp100:	+8.52%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on ABN AMRO BANK N.V. at the time of the analysis were as follows:

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

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