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ABN AMRO BANK N.V.
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 07/23/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 15.983 EUR
My targets
16.851 EUR (+1.82%)
18.641 EUR (+12.63%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ABN AMRO BANK N.V. as long as the price remains well above 15.983 EUR. The buyers' bullish objective is set at 16.851 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18.641 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

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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15 min. 1H Weekly

Additional analysis

Quotes

The ABN AMRO BANK N.V. price is 16.550 EUR. The price has increased by +1.16% since the last closing and was traded between 16.370 EUR and 16.560 EUR over the period. The price is currently at +1.10% from its lowest and -0.06% from its highest.

16.370
16.560
16.550

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ABN AMRO BANK N.V.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


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. 85.71% 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 detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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 recently detected a signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 13.104 14.503 15.983 16.550 16.851 18.641
Change (%) -20.82% -12.37% -3.43% - +1.82% +12.63%
Change -3.446 -2.047 -0.567 - +0.301 +2.091
Level Minor Major Intermediate - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.14516.23016.29516.38016.44516.53016.595
Camarilla16.31916.33316.34616.36016.37416.38816.401
Woodie16.13516.22516.28516.37516.43516.52516.585
Fibonacci16.23016.28716.32316.38016.43716.47316.530


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.08515.39015.82016.12516.55516.86017.290
Camarilla16.04816.11516.18316.25016.31716.38516.452
Woodie15.14815.42115.88316.15616.61816.89117.353
Fibonacci15.39015.67115.84416.12516.40616.57916.860


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.68814.29714.82315.43215.95816.56717.093
Camarilla15.03815.14215.24615.35015.45415.55815.662
Woodie13.64814.27614.78315.41115.91816.54617.053
Fibonacci14.29714.73014.99815.43215.86516.13316.567

Numerical data


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

Technical indicators
Moving averages

RSI (14): 66.94
MACD (12,26,9): 0.2100
Directional Movement: 16.162
AROON (14): 71.429
DEMA (21): 16.198
Parabolic SAR (0,02-0,02-0,2): 15.789
Elder Ray (13): 0.386
Super Trend (3,10): 15.693
Zig ZAG (10): 16.540
VORTEX (21): 1.1120
Stochastique (14,3,5): 90.06
TEMA (21): 16.343
Williams %R (14): -0.91
Chande Momentum Oscillator (20): 0.870
Repulse (5,40,3): 1.9000
ROCnROLL: 1
TRIX (15,9): 0.1170
Courbe Coppock: 8.18
MA7: 16.184
MA20: 15.849
MA50: 15.703
MA100: 15.319
MAexp7: 16.245
MAexp20: 15.958
MAexp50: 15.682
MAexp100: 15.207
Price / MA7: +2.26%
Price / MA20: +4.42%
Price / MA50: +5.39%
Price / MA100: +8.04%
Price / MAexp7: +1.88%
Price / MAexp20: +3.71%
Price / MAexp50: +5.54%
Price / MAexp100: +8.83%

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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