Nordea Bank (Sweden) Technical Analysis

NDA-SE Stock  SEK 124.65  1.30  1.05%   
As of the 2nd of December, Nordea Bank secures the Risk Adjusted Performance of 0.0249, mean deviation of 0.8675, and Downside Deviation of 1.02. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordea Bank Abp, as well as the relationship between them.

Nordea Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nordea, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Nordea
  
Nordea Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Nordea Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nordea Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nordea Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Nordea Bank Abp Technical Analysis

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The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nordea Bank Abp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nordea Bank Abp Trend Analysis

Use this graph to draw trend lines for Nordea Bank Abp. You can use it to identify possible trend reversals for Nordea Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Nordea Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Nordea Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nordea Bank Abp applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Nordea Bank Abp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 502.29, which is the sum of squared deviations for the predicted Nordea Bank price change compared to its average price change.

About Nordea Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Nordea Bank Abp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Nordea Bank Abp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nordea Bank Abp price pattern first instead of the macroeconomic environment surrounding Nordea Bank Abp. By analyzing Nordea Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Nordea Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Nordea Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.

Nordea Bank December 2, 2024 Technical Indicators

Most technical analysis of Nordea help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nordea from various momentum indicators to cycle indicators. When you analyze Nordea charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Nordea Bank December 2, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Nordea stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Nordea Stock analysis

When running Nordea Bank's price analysis, check to measure Nordea Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordea Bank is operating at the current time. Most of Nordea Bank's value examination focuses on studying past and present price action to predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.
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