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 12/02/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 14.936 EUR

My targets

13.937 EUR (-5.25%)

13.050 EUR (-11.28%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ABN AMRO BANK N.V. as long as the price remains well below 14.936 EUR. The sellers' bearish objective is set at 13.937 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 13.050 EUR. In case of crossing, the next objective would be the support located at 11.669 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

7.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ABN AMRO BANK N.V. price is 14.710 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 14.620 EUR and the highest point at 14.740 EUR. The deviation from the price is +0.62% for the low point and -0.20% for the high point.

14.620

14.740

14.710

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

Bearish opening

Type : Bearish

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, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ABN AMRO BANK N.V. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.669	13.937	14.642	14.710	14.936	15.547	16.090
Change (%)	-20.67%	-5.25%	-0.46%	-	+1.54%	+5.69%	+9.38%
Change	-3.041	-0.773	-0.068	-	+0.226	+0.837	+1.380
Level	Major	Major	Intermediate	-	Major	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
Standard	14.455	14.515	14.615	14.675	14.775	14.835	14.935
Camarilla	14.671	14.686	14.700	14.715	14.730	14.744	14.759
Woodie	14.475	14.525	14.635	14.685	14.795	14.845	14.955
Fibonacci	14.515	14.576	14.614	14.675	14.736	14.774	14.835

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.003	14.222	14.468	14.687	14.933	15.152	15.398
Camarilla	14.587	14.630	14.672	14.715	14.758	14.800	14.843
Woodie	14.018	14.229	14.483	14.694	14.948	15.159	15.413
Fibonacci	14.222	14.399	14.509	14.687	14.864	14.974	15.152

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.050	13.745	14.230	14.925	15.410	16.105	16.590
Camarilla	14.391	14.499	14.607	14.715	14.823	14.931	15.040
Woodie	12.945	13.693	14.125	14.873	15.305	16.053	16.485
Fibonacci	13.745	14.196	14.474	14.925	15.376	15.654	16.105

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):	42.22
MACD (12,26,9):	-0.1900
Directional Movement:	-17.270
AROON (14):	-78.571
DEMA (21):	14.646
Parabolic SAR (0,02-0,02-0,2):	15.092
Elder Ray (13):	-0.117
Super Trend (3,10):	15.449
Zig ZAG (10):	14.715
VORTEX (21):	0.8630
Stochastique (14,3,5):	26.62
TEMA (21):	14.583
Williams %R (14):	-66.24
Chande Momentum Oscillator (20):	-0.165
Repulse (5,40,3):	1.1930
ROCnROLL:	2
TRIX (15,9):	-0.1800
Courbe Coppock:	6.45

MA7:	14.690
MA20:	14.933
MA50:	15.340
MA100:	15.354
MAexp7:	14.713
MAexp20:	14.896
MAexp50:	15.155
MAexp100:	15.157
Price / MA7:	+0.14%
Price / MA20:	-1.49%
Price / MA50:	-4.11%
Price / MA100:	-4.19%
Price / MAexp7:	-0.02%
Price / MAexp20:	-1.25%
Price / MAexp50:	-2.94%
Price / MAexp100:	-2.95%

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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