Analysis News

  • The best newsletter in the market
  • Customisable and personal
  • By e-mail every morning, for free

Receive Analysis News:

EMail:

Free daily newsletter every morning

Content
Signals
All indicators - Medium term
ArcelorMittal SAApr 16, 2024
Heineken NVApr 16, 2024
Universal Music Group Apr 16, 2024
Akzo NobelApr 16, 2024
OCI N.V. Shs (NetherlaApr 16, 2024

The market showed a negative development Tuesday, and AEX-index ended the day at 875 points, which is a decline of 1.1 percent.

32 shares showed a gain and 97 showed a loss. 7 shares were unchanged and closed at the same price as the previous day. There was no trading in 11 shares.

Total value of the trading volume for shares and primary capital certificates Tuesday was approximately 2.5 billion.

ArcelorMittal SA closed at 23.76 euro after a steep drop of 6.9 percent. We must go back to Mar 15. 2023 to find an equally steep drop. That time the stock lost 8.8 percent. It was also high volume. Overall it was traded for 200 millions euro in the stock, which is four times as much as normal daily turnover. It does not look good technically either. The stock is trend wise negative in the medium term and a further decline is indicated.
APERAM ended with a steep loss of 6.7 percent and closed at 27.12 euro. We must go back to Mar 15. 2023 to find an equally steep drop. That time the stock lost 7.6 percent. The stock has now closed down for the fifth day in a row. Nor does it look good technically. The stock is trend wise negative in the medium term, has marginally broken down through support at 27.30 euro and a further decline is indicated.
Randstad NV ended with a steep loss of 3.7 percent and closed at 46.74 euro. The stock has never lost more in one day since Oct 4. 2023, when it was down 3.7 percent. Nor does it look good technically. The stock is trend wise negative in the medium term and a further decline is indicated.
Akzo Nobel developed negatively and fell 1.1 percent to a close of 65.24 euro. We must go back to Nov 2023 to find a lower close for the stock. The stock has thereby closed down nine out of the past 12 days. It does not look good technically either. The stock is trend wise negative in the medium term and a further decline is indicated.
Pharming Group NV developed negatively and fell 2.6 percent to a close of 0.96 euro. The stock has not closed lower since Mar 2023. It does not look good technically either. The stock is trend wise negative in the medium term and a further decline is indicated.

Euronext Brussel sharply lower
The market dropped considerably Tuesday, and Bel20 closed at 3797 points after a decline of 1.5 percent. The index has never lost more in one day since Jan 17, when it was down 1.7 percent.

Lowest close since Feb 21.
The market showed a negative development Monday, and S&P 500 ended the day at 5062 points, which is a decline of 1.2 percent. The index has not closed lower since Feb 21.

Indices
AEX-index
arrow green   Positive Candidate
AEX-index shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 793 points. The index is assessed as technically positive for the medium long term.
Bel20
arrow green   Weak Positive Candidate
Bel20 is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index is between support at points 3750 and resistance at points 3850. A definitive break through of one of these levels predicts the new direction. The index is assessed as technically slightly positive for the medium long term.
S&P 500
arrow yellow   Neutral
S&P 500 has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has broken a support level in the short term and given a negative signal for the short term trading range. The index has support at points 4600 and resistance at points 5250. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically neutral for the medium long term.
Today´s Case
NN Group NV (NN) Price 42.39, Apr 16, 2024
chart
Investors have paid higher prices over time to buy NN Group NV and the stock is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. 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 37.30 euro. The stock is assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX-1.06%874.67
CAC400.43%8045.11
COMPX-1.79%15885.00
DAX0.54%18027
HEX-0.98%9742.59
N100-1.29%1501.93
OMXC25GI-1.26%2183.01
OMXSPI-1.47%937.55
OSEBX-1.38%1343.16
PSI20-1.08%6268.88
TECDAX0.24%3334.32
BUK100P-0.52%795.31
EURUSD-0.16%1.0600
CL (OIL)-0.29%85.41
Indices Evaluations
 SML
AEXpospospos
CAC40posneutralpos
COMPXnegnegneutral
DAXpospospos
HEXnegnegneg
N100pospospos
OMXC25GIneutralneutralneutral
OMXSPIpospospos
OSEBXpospospos
PSI20posposneutral
TECDAXnegneutralpos
BUK100Ppospospos
EURUSDnegnegneg
CL (OIL)posposneg

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
AEX 25 - Medium term
 
      
38% 21% 41%
 9 Buy Candidates
 5 Neutral
 10 Sell Candidates
Cancel Analysis News
Disclaimer Copyright © 2024 Investtech.com AS, Org nr 978 655 424 MVA


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

[ Back to default newsletter setup ]

Edit AnalysisNews

Register as a recipient of AnalysisNews in order to customise the content.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

×

Please login here

 
Forgot your password?

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google