Nordea Bank (NDASE.ST)

Close: 127.45 (-0.20), Apr 24, 2025

Positive

Low risk

Automatic technical analysis. Medium term, Apr 24, 2025

Nordea Bank has broken the rising trend channel in the medium long term and reacted strongly down. For the time being, it is difficult to say anything about the future trend direction. The stock has met the objective at 132 after a break of the rectangle formation. The price has now fallen, but the formation indicates further rise. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately 124 kronor. The stock is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 90)

Period	Vol.bal.	Volatility	Liquidity	+/- %
1 day	-	0.94%	339.73	-0.16%
5 days	38.22	3.16%	477.33	+2.74%
22 days	-34.17	7.46%	791.61	-2.64%
66 days	-32.37	12.79%	704.76	+6.76%

More analyses of Nordea Bank

Candlesticks

Short term: Hold

Medium term: Positive

Long term: Positive

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