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NRDBY Stock Forecast & Nordea Bank Abp Chart Analysis

This article provides a detailed analysis of NRDBY-Nordea Bank Abp stock including a forecast for NRDBY shares. It features Nordea Bank Abp technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

NRDBY Historical Data Review

NRDBY Current Price Performance Analysis

The Nordea Bank Abp - NRDBY stock traded on the American stock market, on 06-05-2024, closed at 12.2$ with a %0.58 increased compared to the previous day.

In the last month, the price of NRDBY changed by %1.84 increased in value, from 11.98 dollars on 05-06-2024 to 12.2 dollars, increased.

Last year, the price of NRDBY was 10.33 dollars on 06-06-2023, and changed by %18.10 increased in value, to 12.2 dollars increased within a year.

The price of Nordea Bank Abp stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

NRDBY with AI Stock Forecast & Price Target

NRDBY stock forecast Nordea Bank Abp price target

On the NRDBY chart Nordea Bank Abp price was recorded as 12.2 Dollars on 06/05/2024.

The artificial intelligence's forecast on NRDBY stock is as follows.

The artificial intelligence's prediction error margin for NRDBY stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Nordea Bank Abp stock over the next 4 months is: 12.7 Dollars.

The commentary on NRDBY stock Target Price: Highest: 13.427 Dollars is predicted.

The commentary on NRDBY stock Target Price: Lowest: 12.06 Dollars is predicted.

Resistance Price where Nordea Bank Abp stock will Rise and Fall:

Date Price Prediction
06-25-2024 13.427
08-09-2024 13.114
10-03-2024 12.895
12-12-2024 13.126
03-07-2025 12.637

Support Price where Nordea Bank Abp stock will Fall and Rise:

Date Price Prediction
07-25-2024 12.976
09-13-2024 12.437
11-07-2024 12.060
02-05-2025 12.301
03-27-2025 12.522

The commentary on NRDBY stock: The target price can generally be said to be on the decline.

The commentary on NRDBY stock: Fluctuations in the target price can be expected in the coming days.

The target price for Nordea Bank Abp stock by the end of 2024 is predicted to be 13.006 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NRDBY stock, and the 2024 target price predictions for Nordea Bank Abp are detailed above.

The technical analysis and charts for the commentary on NRDBY stock are below.

NRDBY Support & Resistance and Trend Analysis

NRDBY review Nordea Bank Abp technical analysis trend chart NRDBY priceNRDBY stock support and resistance price chart

NRDBY stock you have reviewed the technical analysis support resistance charts regarding.

NRDBY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NRDBY review, the Nordea Bank Abp support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Nordea Bank Abp Support and Resistance Prices:

NRDBY Support Level Price NRDBY Resistance Level Price
11.01 11.50
11.07 11.60
11.11 12.07
11.32 12.12
11.49 12.25
11.88 12.44
12.01 12.47
12.56
12.59
12.90

NRDBY Technical Analysis: SMA, RSI, MACD

NRDBY review Nordea Bank Abp SMA chart analysis NRDBY priceNRDBY buy or sell review Nordea Bank Abp MACD chart analysis NRDBY price

Upon reviewing the NRDBY chart, buy and sell signals have been generated in the Nordea Bank Abp technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for NRDBY stock are as follows:
  1. The technical analysis for NRDBY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Nordea Bank Abp indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Nordea Bank Abp stock: Click here to read more predictions on Ares Management Corporation stock.

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