NN GROUP
NN GROUP
0.4050 EUR (-2.99%)
03/25/2025 - 16:35 Closed 15 min delayed data - Euronext Amsterdam
Open: 0.4276
Change: -0.0125
Volume: 44,563,446
Low: 0.4000
High: 0.4300
High / Low range: 0.0300
Type: Stocks
Ticker: NN
ISIN: NL0010773842

NN GROUP - 1H - Technical analysis published on 09/27/2024 (GMT)

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  • 09/27/2024 - 09:25
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  • Timeframe : 1H
  • - Analysis generated on 09/27/2024 - 09:25
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 44.65 EUR
My targets
44.15 EUR (-0.79%)
43.91 EUR (-1.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NN GROUP as long as the price remains well below 44.65 EUR. The sellers' bearish objective is set at 44.15 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 43.91 EUR. In case of crossing, the next objective would be the support located at 43.55 EUR.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

NN GROUP rating 44.50 EUR. The price registered a decrease of -0.25% on the session and was traded between 44.18 EUR and 44.55 EUR over the period. The price is currently at +0.72% from its lowest and -0.11% from its highest.

44.18
44.55
44.50

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
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


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NN GROUP chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 43.55 43.91 44.15 44.50 44.51 44.65 45.02
Change (%) -2.13% -1.33% -0.79% - +0.02% +0.34% +1.17%
Change -0.95 -0.59 -0.35 - +0.01 +0.15 +0.52
Level Intermediate Minor Intermediate - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.0844.2744.4444.6344.8044.9945.16
Camarilla44.5144.5444.5844.6144.6444.6844.71
Woodie44.0744.2744.4344.6344.7944.9945.15
Fibonacci44.2744.4144.4944.6344.7744.8544.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.2343.6544.2944.7145.3545.7746.41
Camarilla44.6544.7544.8444.9445.0445.1345.23
Woodie43.3543.7144.4144.7745.4745.8346.53
Fibonacci43.6544.0544.3044.7145.1145.3645.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.6435.2639.7842.4046.9249.5454.06
Camarilla42.3342.9843.6444.2944.9545.6046.25
Woodie33.5835.7440.7242.8847.8650.0255.00
Fibonacci35.2637.9939.6842.4045.1346.8249.54

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Sell21

RSI (14): 42.28
MACD (12,26,9): -0.1100
Directional Movement: -17.51
AROON (14): -85.71
DEMA (21): 44.51
Parabolic SAR (0,02-0,02-0,2): 44.77
Elder Ray (13): -0.09
Super Trend (3,10): 44.88
Zig ZAG (10): 44.52
VORTEX (21): 0.8800
Stochastique (14,3,5): 41.39
TEMA (21): 44.44
Williams %R (14): -46.87
Chande Momentum Oscillator (20): -0.19
Repulse (5,40,3): 0.3000
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 1.01
MA7: 44.81
MA20: 44.60
MA50: 44.09
MA100: 43.14
MAexp7: 44.53
MAexp20: 44.65
MAexp50: 44.75
MAexp100: 44.71
Price / MA7: -0.69%
Price / MA20: -0.22%
Price / MA50: +0.93%
Price / MA100: +3.15%
Price / MAexp7: -0.07%
Price / MAexp20: -0.34%
Price / MAexp50: -0.56%
Price / MAexp100: -0.47%

Quotes : 09/27/2024 - 09:08 - 15 min delayed data - Euronext Amsterdam

News


The latest news and videos published on NN GROUP 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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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