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Nordea Bank Abp
Buy, Hold or Sell?

Let's analyse Nordea together

PenkeI guess you are interested in Nordea Bank Abp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nordea Bank Abp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nordea (30 sec.)










What can you expect buying and holding a share of Nordea? (30 sec.)

How much money do you get?

How much money do you get?
kr1.74
When do you have the money?
1 year
How often do you get paid?
67.5%

What is your share worth?

Current worth
kr1,278.25
Expected worth in 1 year
kr2,459.40
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
kr1,199.67
Return On Investment
1,006.4%

For what price can you sell your share?

Current Price per Share
kr119.20
Expected price per share
kr114.90 - kr131.92
How sure are you?
50%

1. Valuation of Nordea (5 min.)




Live pricePrice per Share (EOD)

kr119.20

Intrinsic Value Per Share

kr-754.78 - kr1,345.51

Total Value Per Share

kr523.46 - kr2,623.76

2. Growth of Nordea (5 min.)




Is Nordea growing?

Current yearPrevious yearGrowGrow %
How rich?$428.6b$33.5b$405.8b92.4%

How much money is Nordea making?

Current yearPrevious yearGrowGrow %
Making money$1.3b$972.4m$361.4m27.1%
Net Profit Margin41.9%35.3%--

How much money comes from the company's main activities?

3. Financial Health of Nordea (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Nordea? (5 min.)

Welcome investor! Nordea's management wants to use your money to grow the business. In return you get a share of Nordea.

What can you expect buying and holding a share of Nordea?

First you should know what it really means to hold a share of Nordea. And how you can make/lose money.

Speculation

The Price per Share of Nordea is kr119.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nordea.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nordea, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr1,278.25. Based on the TTM, the Book Value Change Per Share is kr295.29 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr4.63 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nordea.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.340.3%0.360.3%0.260.2%0.230.2%0.220.2%
Usd Book Value Change Per Share-5.25-4.4%27.7623.3%0.010.0%5.574.7%2.812.4%
Usd Dividend Per Share0.000.0%0.440.4%0.580.5%0.410.3%0.380.3%
Usd Total Gains Per Share-5.25-4.4%28.1923.7%0.580.5%5.985.0%3.192.7%
Usd Price Per Share11.72-11.11-9.27-8.52-8.65-
Price to Earnings Ratio8.74-7.72-14.31-9.42-9.76-
Price-to-Total Gains Ratio-2.23-0.41-4.14-7.91-29.72-
Price to Book Ratio0.10-0.09-1.06-0.74-0.90-
Price-to-Total Gains Ratio-2.23-0.41-4.14-7.91-29.72-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.2048
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.440.41
Usd Book Value Change Per Share27.765.57
Usd Total Gains Per Share28.195.98
Gains per Quarter (89 shares)2,509.12532.39
Gains per Year (89 shares)10,036.472,129.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
115598811002614519842120
2310197632006229139694250
3465296443009843659536380
4620395264013458179378510
57754940750170726992210640
693059289602068721190612770
71085691707024210171389014900
81240790528027811621587417030
91395889339031413071785919160
1015509881510035014531984321290

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%59.01.00.098.3%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%27.013.00.067.5%38.019.03.063.3%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.03.085.0%27.00.013.067.5%31.00.029.051.7%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%35.05.00.087.5%50.07.03.083.3%

Fundamentals of Nordea

About Nordea Bank Abp

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices. The Business Banking segment offers payments, cash management, cards, working capital management, and cards and finance solutions to corporate and personal customers. The Large Corporates & Institutions segment provides financing, cash management and payment, investment banking, capital market products, and securities services to corporate and institutional customers. The Asset & Wealth Management segment offers investment, savings, and risk management solutions to high net worth individuals and institutional investors. This segment also offers asset management, including investment funds, discretionary management, portfolio advice, equity trading, and pension accounts, as well as life insurance and pension products and services. Nordea Bank Abp was founded in 1820 and is headquartered in Helsinki, Finland.

Fundamental data was last updated by Penke on 2024-03-11 07:49:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Nordea Bank Abp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nordea earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • A Net Profit Margin of 37.8% means that kr0.38 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nordea Bank Abp:

  • The MRQ is 37.8%. The company is making a huge profit. +2
  • The TTM is 41.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ37.8%TTM41.9%-4.1%
TTM41.9%YOY35.3%+6.7%
TTM41.9%5Y32.2%+9.7%
5Y32.2%10Y33.9%-1.7%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ37.8%18.4%+19.4%
TTM41.9%28.0%+13.9%
YOY35.3%25.2%+10.1%
5Y32.2%22.8%+9.4%
10Y33.9%19.8%+14.1%
1.1.2. Return on Assets

Shows how efficient Nordea is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Nordea generated kr0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nordea Bank Abp:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.1%+0.1%
TTM0.2%5Y0.1%+0.1%
5Y0.1%10Y0.1%+0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.2%0.2%+0.0%
YOY0.1%0.2%-0.1%
5Y0.1%0.2%-0.1%
10Y0.1%0.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Nordea is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • 3.5% Return on Equity means Nordea generated kr0.04 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nordea Bank Abp:

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM4.2%-0.6%
TTM4.2%YOY2.9%+1.3%
TTM4.2%5Y2.6%+1.6%
5Y2.6%10Y2.7%-0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%1.4%+2.1%
TTM4.2%2.5%+1.7%
YOY2.9%2.7%+0.2%
5Y2.6%2.5%+0.1%
10Y2.7%2.8%-0.1%

1.2. Operating Efficiency of Nordea Bank Abp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nordea is operating .

  • Measures how much profit Nordea makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • An Operating Margin of 48.4% means the company generated kr0.48  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nordea Bank Abp:

  • The MRQ is 48.4%. The company is operating very efficient. +2
  • The TTM is 99.7%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ48.4%TTM99.7%-51.3%
TTM99.7%YOY76.9%+22.8%
TTM99.7%5Y73.7%+26.0%
5Y73.7%10Y79.9%-6.2%
1.2.2. Operating Ratio

Measures how efficient Nordea is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.42 means that the operating costs are kr0.42 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Nordea Bank Abp:

  • The MRQ is 0.421. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.428. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.421TTM0.428-0.007
TTM0.428YOY0.512-0.084
TTM0.4285Y0.496-0.067
5Y0.49610Y0.501-0.005

1.3. Liquidity of Nordea Bank Abp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nordea is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has kr0.00 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Nordea Bank Abp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM39.208-39.208
TTM39.208YOY32.475+6.732
TTM39.2085Y15.002+24.206
5Y15.00210Y7.724+7.278
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM39.2080.124+39.084
YOY32.4750.225+32.250
5Y15.0020.219+14.783
10Y7.7240.131+7.593
1.3.2. Quick Ratio

Measures if Nordea is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off kr0.00 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nordea Bank Abp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM39.278-39.278
TTM39.278YOY32.585+6.694
TTM39.2785Y14.464+24.814
5Y14.46410Y7.263+7.201

1.4. Solvency of Nordea Bank Abp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nordea assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nordea to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.32 means that Nordea assets are financed with 32.2% credit (debt) and the remaining percentage (100% - 32.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nordea Bank Abp:

  • The MRQ is 0.322. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.323. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.322TTM0.323-0.001
TTM0.323YOY0.949-0.626
TTM0.3235Y0.821-0.498
5Y0.82110Y0.886-0.065
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3220.915-0.593
TTM0.3230.917-0.594
YOY0.9490.919+0.030
5Y0.8210.919-0.098
10Y0.8860.927-0.041
1.4.2. Debt to Equity Ratio

Measures if Nordea is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nordea to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 602.9% means that company has kr6.03 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nordea Bank Abp:

  • The MRQ is 6.029. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.540. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.029TTM6.540-0.510
TTM6.540YOY18.798-12.258
TTM6.5405Y15.173-8.633
5Y15.17310Y17.493-2.320
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ6.02910.829-4.800
TTM6.54011.013-4.473
YOY18.79811.363+7.435
5Y15.17311.437+3.736
10Y17.49313.038+4.455

2. Market Valuation of Nordea Bank Abp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Nordea generates.

  • Above 15 is considered overpriced but always compare Nordea to the Banks - Regional industry mean.
  • A PE ratio of 8.74 means the investor is paying kr8.74 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nordea Bank Abp:

  • The EOD is 8.356. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.743. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.723. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.356MRQ8.743-0.387
MRQ8.743TTM7.723+1.020
TTM7.723YOY14.314-6.591
TTM7.7235Y9.420-1.697
5Y9.42010Y9.765-0.345
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD8.3567.491+0.865
MRQ8.7436.680+2.063
TTM7.7235.295+2.428
YOY14.3146.943+7.371
5Y9.4209.770-0.350
10Y9.7659.943-0.178
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nordea Bank Abp:

  • The EOD is -1.025. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.073. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 1.120. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-1.025MRQ-1.073+0.047
MRQ-1.073TTM1.120-2.193
TTM1.120YOY1.412-0.292
TTM1.1205Y0.711+0.409
5Y0.71110Y0.132+0.579
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-1.025-2.094+1.069
MRQ-1.073-1.868+0.795
TTM1.120-0.342+1.462
YOY1.4126.448-5.036
5Y0.7110.429+0.282
10Y0.1320.091+0.041
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nordea is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.10 means the investor is paying kr0.10 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Nordea Bank Abp:

  • The EOD is 0.093. Based on the equity, the company is cheap. +2
  • The MRQ is 0.098. Based on the equity, the company is cheap. +2
  • The TTM is 0.092. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.093MRQ0.098-0.004
MRQ0.098TTM0.092+0.005
TTM0.092YOY1.059-0.966
TTM0.0925Y0.736-0.643
5Y0.73610Y0.905-0.169
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.0930.433-0.340
MRQ0.0980.386-0.288
TTM0.0920.470-0.378
YOY1.0590.642+0.417
5Y0.7360.795-0.059
10Y0.9051.025-0.120
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nordea Bank Abp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---55.811295.287-119%0.053-104832%59.297-194%29.902-287%
Book Value Per Share--1278.2481278.9890%93.217+1271%330.128+287%208.608+513%
Current Ratio---39.208-100%32.475-100%15.002-100%7.724-100%
Debt To Asset Ratio--0.3220.3230%0.949-66%0.821-61%0.886-64%
Debt To Equity Ratio--6.0296.540-8%18.798-68%15.173-60%17.493-66%
Dividend Per Share---4.631-100%6.121-100%4.341-100%4.012-100%
Eps--3.5663.870-8%2.726+31%2.398+49%2.394+49%
Free Cash Flow Per Share---29.061-5.796-80%15.003-294%3.485-934%2.048-1519%
Free Cash Flow To Equity Per Share---28.455-8.959-69%10.040-383%0.403-7168%-0.189-99%
Gross Profit Margin--0.9770.986-1%0.9800%0.985-1%0.984-1%
Intrinsic Value_10Y_max--1345.508--------
Intrinsic Value_10Y_min---754.784--------
Intrinsic Value_1Y_max--43.739--------
Intrinsic Value_1Y_min---6.087--------
Intrinsic Value_3Y_max--200.840--------
Intrinsic Value_3Y_min---78.633--------
Intrinsic Value_5Y_max--441.637--------
Intrinsic Value_5Y_min---216.760--------
Market Cap417295360000.000-7%444968774133.200431844983800.400+3%377766823525.765+18%353722676180.479+26%366583808826.950+21%
Net Profit Margin--0.3780.419-10%0.353+7%0.322+17%0.339+11%
Operating Margin--0.4840.997-51%0.769-37%0.737-34%0.799-39%
Operating Ratio--0.4210.428-2%0.512-18%0.496-15%0.501-16%
Pb Ratio0.093-5%0.0980.092+6%1.059-91%0.736-87%0.905-89%
Pe Ratio8.356-5%8.7437.723+13%14.314-39%9.420-7%9.765-10%
Price Per Share119.200-5%124.720118.195+6%98.663+26%90.592+38%91.983+36%
Price To Free Cash Flow Ratio-1.025+4%-1.0731.120-196%1.412-176%0.711-251%0.132-914%
Price To Total Gains Ratio-2.136+4%-2.2350.408-648%4.141-154%7.909-128%29.721-108%
Quick Ratio---39.278-100%32.585-100%14.464-100%7.263-100%
Return On Assets--0.0020.002-8%0.001+28%0.001+39%0.001+41%
Return On Equity--0.0350.042-15%0.029+22%0.026+39%0.027+33%
Total Gains Per Share---55.811299.918-119%6.175-1004%63.637-188%33.914-265%
Usd Book Value--428683033745.200439359721248.500-2%33530432582.400+1178%115842194579.280+270%74556822181.790+475%
Usd Book Value Change Per Share---5.24627.757-119%0.005-104832%5.574-194%2.811-287%
Usd Book Value Per Share--120.155120.2250%8.762+1271%31.032+287%19.609+513%
Usd Dividend Per Share---0.435-100%0.575-100%0.408-100%0.377-100%
Usd Eps--0.3350.364-8%0.256+31%0.225+49%0.225+49%
Usd Free Cash Flow---9746187721.400-1883978204.550-81%5831168011.500-267%1450411804.140-772%837449803.710-1264%
Usd Free Cash Flow Per Share---2.732-0.545-80%1.410-294%0.328-934%0.192-1519%
Usd Free Cash Flow To Equity Per Share---2.675-0.842-69%0.944-383%0.038-7168%-0.018-99%
Usd Market Cap39225763840.000-7%41827064768.52140593428477.238+3%35510081411.422+18%33249931560.965+26%34458878029.733+21%
Usd Price Per Share11.205-5%11.72411.110+6%9.274+26%8.516+38%8.646+36%
Usd Profit--1195970666.8001333842511.300-10%972402009.150+23%874377831.080+37%893193282.800+34%
Usd Revenue--3162942315.0003180784553.700-1%2646869077.450+19%2605885995.830+21%2579933648.630+23%
Usd Total Gains Per Share---5.24628.192-119%0.580-1004%5.982-188%3.188-265%
 EOD+4 -4MRQTTM+7 -29YOY+19 -175Y+19 -1710Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of Nordea Bank Abp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.356
Price to Book Ratio (EOD)Between0-10.093
Net Profit Margin (MRQ)Greater than00.378
Operating Margin (MRQ)Greater than00.484
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.322
Debt to Equity Ratio (MRQ)Less than16.029
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.002
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Nordea Bank Abp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.956
Ma 20Greater thanMa 50124.906
Ma 50Greater thanMa 100124.968
Ma 100Greater thanMa 200123.543
OpenGreater thanClose120.460
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets584,702,000
Total Liabilities188,268,000
Total Stockholder Equity31,225,000
 As reported
Total Liabilities 188,268,000
Total Stockholder Equity+ 31,225,000
Total Assets = 584,702,000

Assets

Total Assets584,702,000
Total Current Assets52,531,000
Long-term Assets121,772,000
Total Current Assets
Cash And Cash Equivalents 52,531,000
Total Current Assets  (as reported)52,531,000
Total Current Assets  (calculated)52,531,000
+/-0
Long-term Assets
Property Plant Equipment 1,653,000
Long Term Investments 116,293,000
Long-term Assets Other -121,772,000
Long-term Assets  (as reported)121,772,000
Long-term Assets  (calculated)-3,826,000
+/- 125,598,000

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities188,268,000
Total Stockholder Equity31,225,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)188,268,000
Long-term Liabilities  (calculated)0
+/- 188,268,000
Total Stockholder Equity
Common Stock4,050,000
Retained Earnings 27,707,000
Other Stockholders Equity -532,000
Total Stockholder Equity (as reported)31,225,000
Total Stockholder Equity (calculated)31,225,000
+/-0
Other
Capital Stock4,050,000
Cash and Short Term Investments 52,531,000
Common Stock Shares Outstanding 3,567,742
Liabilities and Stockholders Equity 584,702,000
Net Debt 135,737,000
Net Invested Capital 219,493,000
Short Long Term Debt Total 188,268,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
507,544,000
526,175,000
571,076,000
600,728,000
580,839,000
586,617,000
593,168,000
671,007,000
716,204,000
694,048,000
0
710,989,000
677,420,000
662,637,000
621,896,000
625,826,000
630,434,000
636,398,000
636,726,000
668,720,000
669,342,000
725,854,000
682,652,000
679,877,000
646,868,000
675,555,000
671,236,000
657,190,000
615,659,000
650,272,000
642,756,000
615,277,000
581,612,000
580,189,000
570,053,000
572,767,000
551,408,000
590,173,000
582,875,000
585,855,000
554,848,000
600,394,000
587,287,000
574,774,000
552,160,000
591,101,000
586,812,000
614,509,000
570,353,000
624,490,000
610,960,000
624,849,000
594,844,000
604,125,000
602,351,000
609,824,000
584,702,000
584,702,000609,824,000602,351,000604,125,000594,844,000624,849,000610,960,000624,490,000570,353,000614,509,000586,812,000591,101,000552,160,000574,774,000587,287,000600,394,000554,848,000585,855,000582,875,000590,173,000551,408,000572,767,000570,053,000580,189,000581,612,000615,277,000642,756,000650,272,000615,659,000657,190,000671,236,000675,555,000646,868,000679,877,000682,652,000725,854,000669,342,000668,720,000636,726,000636,398,000630,434,000625,826,000621,896,000662,637,000677,420,000710,989,0000694,048,000716,204,000671,007,000593,168,000586,617,000580,839,000600,728,000571,076,000526,175,000507,544,000000
   > Total Current Assets 
0
0
0
344,688,000
346,436,000
359,282,000
367,691,000
379,118,000
402,303,000
405,151,000
404,339,000
427,555,000
416,420,000
0
529,478,000
431,791,000
440,150,000
425,181,000
427,283,000
434,347,000
440,394,000
428,176,000
439,537,000
433,204,000
460,477,000
460,710,000
458,986,000
432,836,000
452,672,000
450,830,000
443,260,000
408,249,000
443,305,000
440,047,000
418,628,000
411,143,000
415,789,000
403,044,000
412,794,000
394,775,000
428,765,000
419,751,000
416,277,000
399,338,000
426,598,000
417,991,000
409,164,000
389,132,000
422,796,000
416,166,000
448,667,000
408,970,000
71,410,000
71,331,000
73,373,000
62,700,000
66,498,000
61,467,000
62,406,000
52,531,000
52,531,00062,406,00061,467,00066,498,00062,700,00073,373,00071,331,00071,410,000408,970,000448,667,000416,166,000422,796,000389,132,000409,164,000417,991,000426,598,000399,338,000416,277,000419,751,000428,765,000394,775,000412,794,000403,044,000415,789,000411,143,000418,628,000440,047,000443,305,000408,249,000443,260,000450,830,000452,672,000432,836,000458,986,000460,710,000460,477,000433,204,000439,537,000428,176,000440,394,000434,347,000427,283,000425,181,000440,150,000431,791,000529,478,0000416,420,000427,555,000404,339,000405,151,000402,303,000379,118,000367,691,000359,282,000346,436,000344,688,000000
       Cash And Cash Equivalents 
0
0
0
11,500,000
2,574,000
3,432,000
3,082,000
10,023,000
3,248,000
6,290,000
2,312,000
3,765,000
3,346,000
0
33,351,000
36,060,000
31,565,000
29,682,000
28,558,000
33,529,000
32,553,000
25,191,000
26,149,000
31,067,000
35,080,000
45,532,000
43,812,000
35,500,000
48,734,000
48,188,000
49,266,000
32,099,000
61,527,000
59,512,000
48,284,000
43,081,000
35,587,000
33,690,000
43,173,000
41,578,000
45,764,000
41,739,000
31,337,000
35,509,000
41,420,000
48,642,000
48,928,000
32,955,000
56,843,000
51,769,000
77,561,000
49,887,000
71,410,000
71,331,000
73,373,000
62,700,000
66,498,000
61,467,000
62,406,000
52,531,000
52,531,00062,406,00061,467,00066,498,00062,700,00073,373,00071,331,00071,410,00049,887,00077,561,00051,769,00056,843,00032,955,00048,928,00048,642,00041,420,00035,509,00031,337,00041,739,00045,764,00041,578,00043,173,00033,690,00035,587,00043,081,00048,284,00059,512,00061,527,00032,099,00049,266,00048,188,00048,734,00035,500,00043,812,00045,532,00035,080,00031,067,00026,149,00025,191,00032,553,00033,529,00028,558,00029,682,00031,565,00036,060,00033,351,00003,346,0003,765,0002,312,0006,290,0003,248,00010,023,0003,082,0003,432,0002,574,00011,500,000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,851,000
16,773,000
17,125,000
16,292,000
0
0
0
16,711,000
24,970,000
23,555,000
28,739,000
18,889,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000018,889,00028,739,00023,555,00024,970,00016,711,00000016,292,00017,125,00016,773,00020,851,00000000000000000000000000000000000
       Net Receivables 
0
0
0
4,406,000
0
0
0
4,963,000
0
0
0
8,199,000
0
0
2,686,000
9,563,000
0
0
0
7,722,000
0
0
0
12,067,000
0
0
0
15,565,000
0
0
0
15,950,000
457,000
482,000
1,620,000
9,768,000
333,000
363,000
504,000
10,757,000
335,000
466,000
782,000
10,704,000
309,000
392,000
392,000
10,936,000
355,000
397,000
391,000
7,186,000
289,000
253,000
247,000
211,000
191,000
0
179,000
0
0179,0000191,000211,000247,000253,000289,0007,186,000391,000397,000355,00010,936,000392,000392,000309,00010,704,000782,000466,000335,00010,757,000504,000363,000333,0009,768,0001,620,000482,000457,00015,950,00000015,565,00000012,067,0000007,722,0000009,563,0002,686,000008,199,0000004,963,0000004,406,000000
       Other Current Assets 
0
0
0
328,782,000
343,862,000
355,850,000
364,609,000
364,132,000
399,055,000
398,861,000
402,027,000
415,591,000
413,074,000
0
493,441,000
386,168,000
408,585,000
395,499,000
398,725,000
393,096,000
407,841,000
402,985,000
413,388,000
390,070,000
425,397,000
415,178,000
415,174,000
381,771,000
403,938,000
402,642,000
393,994,000
360,200,000
381,778,000
380,535,000
368,724,000
358,294,000
380,202,000
369,354,000
369,621,000
342,440,000
383,001,000
378,012,000
384,940,000
353,125,000
385,178,000
369,349,000
360,236,000
345,241,000
365,953,000
364,397,000
371,581,000
361,066,000
182,000
185,000
0
2,467,000
0
0
0
0
00002,467,0000185,000182,000361,066,000371,581,000364,397,000365,953,000345,241,000360,236,000369,349,000385,178,000353,125,000384,940,000378,012,000383,001,000342,440,000369,621,000369,354,000380,202,000358,294,000368,724,000380,535,000381,778,000360,200,000393,994,000402,642,000403,938,000381,771,000415,174,000415,178,000425,397,000390,070,000413,388,000402,985,000407,841,000393,096,000398,725,000395,499,000408,585,000386,168,000493,441,0000413,074,000415,591,000402,027,000398,861,000399,055,000364,132,000364,609,000355,850,000343,862,000328,782,000000
   > Long-term Assets 
0
0
0
162,856,000
179,739,000
211,794,000
233,037,000
201,721,000
184,314,000
188,017,000
266,668,000
288,649,000
277,628,000
0
181,511,000
245,629,000
222,487,000
196,715,000
198,543,000
196,087,000
196,004,000
208,550,000
229,183,000
236,138,000
265,377,000
221,942,000
220,891,000
214,032,000
222,883,000
220,406,000
213,930,000
207,410,000
206,967,000
202,709,000
196,649,000
170,469,000
164,400,000
167,009,000
159,973,000
156,633,000
161,408,000
163,124,000
169,578,000
155,510,000
173,796,000
169,296,000
165,610,000
163,028,000
168,305,000
170,646,000
165,842,000
161,383,000
168,655,000
166,904,000
174,771,000
163,781,000
176,148,000
130,400,000
135,643,000
121,772,000
121,772,000135,643,000130,400,000176,148,000163,781,000174,771,000166,904,000168,655,000161,383,000165,842,000170,646,000168,305,000163,028,000165,610,000169,296,000173,796,000155,510,000169,578,000163,124,000161,408,000156,633,000159,973,000167,009,000164,400,000170,469,000196,649,000202,709,000206,967,000207,410,000213,930,000220,406,000222,883,000214,032,000220,891,000221,942,000265,377,000236,138,000229,183,000208,550,000196,004,000196,087,000198,543,000196,715,000222,487,000245,629,000181,511,0000277,628,000288,649,000266,668,000188,017,000184,314,000201,721,000233,037,000211,794,000179,739,000162,856,000000
       Property Plant Equipment 
0
0
0
452,000
432,000
418,000
432,000
454,000
455,000
456,000
454,000
469,000
469,000
0
473,000
474,000
483,000
424,000
421,000
431,000
474,000
511,000
527,000
509,000
547,000
559,000
554,000
557,000
573,000
568,000
572,000
566,000
559,000
570,000
634,000
624,000
612,000
594,000
576,000
546,000
2,067,000
2,022,000
1,972,000
2,002,000
1,955,000
1,945,000
1,908,000
1,931,000
1,875,000
1,809,000
1,753,000
1,745,000
1,749,000
1,698,000
1,662,000
1,673,000
1,667,000
1,633,000
1,623,000
1,653,000
1,653,0001,623,0001,633,0001,667,0001,673,0001,662,0001,698,0001,749,0001,745,0001,753,0001,809,0001,875,0001,931,0001,908,0001,945,0001,955,0002,002,0001,972,0002,022,0002,067,000546,000576,000594,000612,000624,000634,000570,000559,000566,000572,000568,000573,000557,000554,000559,000547,000509,000527,000511,000474,000431,000421,000424,000483,000474,000473,0000469,000469,000454,000456,000455,000454,000432,000418,000432,000452,000000
       Goodwill 
0
0
0
2,446,000
0
0
0
2,585,000
0
0
0
2,574,000
0
0
0
2,656,000
0
0
0
2,421,000
0
0
0
2,234,000
0
0
0
2,170,000
0
0
0
2,247,000
0
0
0
1,994,000
0
0
0
1,816,000
0
0
0
1,969,000
0
0
0
1,938,000
0
0
0
1,975,000
0
0
0
2,262,000
2,189,000
2,184,000
2,215,000
0
02,215,0002,184,0002,189,0002,262,0000001,975,0000001,938,0000001,969,0000001,816,0000001,994,0000002,247,0000002,170,0000002,234,0000002,421,0000002,656,0000002,574,0000002,585,0000002,446,000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
146,115,000
144,623,000
143,164,000
119,437,000
117,361,000
118,467,000
118,407,000
114,700,000
155,022,000
128,663,000
164,011,000
138,914,000
168,310,000
163,690,000
160,065,000
156,965,000
122,830,000
122,235,000
160,277,000
155,854,000
163,097,000
161,508,000
169,464,000
158,064,000
170,558,000
124,862,000
130,062,000
116,293,000
116,293,000130,062,000124,862,000170,558,000158,064,000169,464,000161,508,000163,097,000155,854,000160,277,000122,235,000122,830,000156,965,000160,065,000163,690,000168,310,000138,914,000164,011,000128,663,000155,022,000114,700,000118,407,000118,467,000117,361,000119,437,000143,164,000144,623,000146,115,00000000000000000000000000000000000
       Intangible Assets 
0
0
0
501,000
3,051,000
3,089,000
3,098,000
634,000
3,272,000
3,303,000
3,270,000
747,000
0
0
0
769,000
0
0
0
825,000
0
0
0
674,000
0
0
0
1,038,000
0
0
0
1,545,000
3,935,000
3,991,000
4,071,000
1,989,000
3,971,000
4,064,000
4,146,000
2,219,000
4,319,000
4,328,000
3,595,000
1,726,000
3,531,000
3,661,000
3,637,000
1,833,000
3,817,000
3,807,000
3,812,000
1,809,000
3,809,000
3,698,000
3,645,000
1,782,000
1,734,000
1,721,000
1,743,000
0
01,743,0001,721,0001,734,0001,782,0003,645,0003,698,0003,809,0001,809,0003,812,0003,807,0003,817,0001,833,0003,637,0003,661,0003,531,0001,726,0003,595,0004,328,0004,319,0002,219,0004,146,0004,064,0003,971,0001,989,0004,071,0003,991,0003,935,0001,545,0000001,038,000000674,000000825,000000769,000000747,0003,270,0003,303,0003,272,000634,0003,098,0003,089,0003,051,000501,000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
177,032,000
205,898,000
194,671,000
122,165,000
174,255,000
131,612,000
167,913,000
164,555,000
128,879,000
0
0
0
0
0
0
0
0
00000000128,879,000164,555,000167,913,000131,612,000174,255,000122,165,000194,671,000205,898,000177,032,0000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
670,400,000
705,914,000
782,870,000
833,765,000
782,560,000
770,931,000
781,185,000
937,675,000
1,004,853,000
971,676,000
0
892,500,000
923,049,000
885,124,000
818,611,000
824,369,000
826,521,000
832,402,000
845,276,000
897,903,000
905,480,000
991,231,000
904,594,000
900,768,000
860,900,000
898,438,000
891,642,000
871,120,000
823,069,000
857,239,000
845,465,000
811,926,000
752,081,000
744,589,000
737,062,000
732,740,000
708,041,000
751,581,000
745,999,000
755,433,000
710,358,000
774,190,000
756,583,000
740,384,000
715,188,000
759,406,000
757,458,000
614,509,000
570,353,000
384,425,000
372,725,000
376,705,000
368,363,000
361,479,000
410,484,000
411,775,000
410,399,000
410,399,000411,775,000410,484,000361,479,000368,363,000376,705,000372,725,000384,425,000570,353,000614,509,000757,458,000759,406,000715,188,000740,384,000756,583,000774,190,000710,358,000755,433,000745,999,000751,581,000708,041,000732,740,000737,062,000744,589,000752,081,000811,926,000845,465,000857,239,000823,069,000871,120,000891,642,000898,438,000860,900,000900,768,000904,594,000991,231,000905,480,000897,903,000845,276,000832,402,000826,521,000824,369,000818,611,000885,124,000923,049,000892,500,0000971,676,0001,004,853,000937,675,000781,185,000770,931,000782,560,000833,765,000782,870,000705,914,000670,400,000000
> Total Liabilities 
0
0
0
485,124,000
503,860,000
548,158,000
577,081,000
556,301,000
562,509,000
568,389,000
645,952,000
690,084,000
668,084,000
0
683,469,000
649,204,000
635,222,000
594,025,000
597,194,000
601,225,000
608,161,000
607,880,000
638,934,000
639,505,000
697,382,000
652,843,000
649,893,000
615,836,000
646,427,000
641,093,000
626,120,000
583,249,000
619,195,000
611,361,000
582,979,000
548,296,000
549,133,000
538,108,000
540,139,000
518,507,000
559,678,000
551,821,000
555,318,000
523,320,000
568,918,000
555,528,000
542,221,000
518,420,000
556,612,000
551,284,000
577,881,000
536,850,000
593,577,000
580,271,000
593,823,000
563,440,000
195,630,000
195,591,000
196,283,000
188,268,000
188,268,000196,283,000195,591,000195,630,000563,440,000593,823,000580,271,000593,577,000536,850,000577,881,000551,284,000556,612,000518,420,000542,221,000555,528,000568,918,000523,320,000555,318,000551,821,000559,678,000518,507,000540,139,000538,108,000549,133,000548,296,000582,979,000611,361,000619,195,000583,249,000626,120,000641,093,000646,427,000615,836,000649,893,000652,843,000697,382,000639,505,000638,934,000607,880,000608,161,000601,225,000597,194,000594,025,000635,222,000649,204,000683,469,0000668,084,000690,084,000645,952,000568,389,000562,509,000556,301,000577,081,000548,158,000503,860,000485,124,000000
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
412,952,000
417,663,000
381,658,000
404,524,000
374,438,000
361,756,000
298,315,000
368,559,000
366,234,000
369,725,000
370,080,000
363,040,000
387,751,000
320,113,000
377,133,000
376,098,000
389,413,000
390,781,000
417,871,000
400,026,000
348,329,000
338,518,000
354,018,000
485,000
1,494,000
1,047,000
1,164,000
0
01,164,0001,047,0001,494,000485,000354,018,000338,518,000348,329,000400,026,000417,871,000390,781,000389,413,000376,098,000377,133,000320,113,000387,751,000363,040,000370,080,000369,725,000366,234,000368,559,000298,315,000361,756,000374,438,000404,524,000381,658,000417,663,000412,952,00000000000000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
279,648,000
269,175,000
254,745,000
239,280,000
255,957,000
242,429,000
0
55,007,000
64,600,000
32,900,000
31,500,000
45,516,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000045,516,00031,500,00032,900,00064,600,00055,007,0000242,429,000255,957,000239,280,000254,745,000269,175,000279,648,00000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
279,648,000
269,175,000
254,745,000
239,280,000
255,957,000
242,429,000
0
55,007,000
64,600,000
32,900,000
31,500,000
45,516,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000045,516,00031,500,00032,900,00064,600,00055,007,0000242,429,000255,957,000239,280,000254,745,000269,175,000279,648,00000000000000000000000000000000000
       Accounts payable 
0
0
0
2,201,000
0
0
0
2,260,000
0
0
0
2,343,000
0
0
0
2,410,000
0
0
0
2,185,000
0
0
0
219,000
0
0
0
199,000
0
0
0
202,000
262,772,000
264,460,000
246,618,000
169,000
217,207,000
243,340,000
253,464,000
157,000
221,739,000
220,653,000
243,908,000
152,000
235,378,000
265,800,000
262,858,000
149,000
278,224,000
268,992,000
283,327,000
139,000
313,271,000
301,996,000
311,020,000
485,000
297,999,000
0
298,853,000
0
0298,853,0000297,999,000485,000311,020,000301,996,000313,271,000139,000283,327,000268,992,000278,224,000149,000262,858,000265,800,000235,378,000152,000243,908,000220,653,000221,739,000157,000253,464,000243,340,000217,207,000169,000246,618,000264,460,000262,772,000202,000000199,000000219,0000002,185,0000002,410,0000002,343,0000002,260,0000002,201,000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,725,000
5,312,000
5,659,000
54,201,000
27,356,000
2,944,000
3,280,000
21,044,000
386,000
223,000
304,000
16,828,000
500,000
146,000
187,000
17,977,000
186,000
110,000
498,000
17,636,000
506,000
203,000
262,000
-485,000
172,000
0
601,000
0
0601,0000172,000-485,000262,000203,000506,00017,636,000498,000110,000186,00017,977,000187,000146,000500,00016,828,000304,000223,000386,00021,044,0003,280,0002,944,00027,356,00054,201,0005,659,0005,312,0005,725,00000000000000000000000000000000000
   > Long-term Liabilities 
0
0
0
142,904,000
133,758,000
146,294,000
144,973,000
171,859,000
156,984,000
166,167,000
177,349,000
201,936,000
177,736,000
0
187,860,000
210,754,000
193,385,000
180,406,000
189,533,000
220,559,000
192,896,000
192,110,000
198,860,000
202,216,000
207,651,000
204,203,000
200,150,000
211,137,000
201,709,000
197,143,000
201,476,000
202,209,000
198,044,000
194,497,000
191,806,000
188,101,000
183,070,000
186,438,000
196,275,000
199,577,000
203,595,000
199,665,000
200,766,000
204,770,000
192,422,000
190,521,000
188,065,000
182,483,000
189,400,000
189,271,000
197,657,000
182,511,000
199,747,000
580,271,000
593,823,000
485,000
195,630,000
195,591,000
196,283,000
188,268,000
188,268,000196,283,000195,591,000195,630,000485,000593,823,000580,271,000199,747,000182,511,000197,657,000189,271,000189,400,000182,483,000188,065,000190,521,000192,422,000204,770,000200,766,000199,665,000203,595,000199,577,000196,275,000186,438,000183,070,000188,101,000191,806,000194,497,000198,044,000202,209,000201,476,000197,143,000201,709,000211,137,000200,150,000204,203,000207,651,000202,216,000198,860,000192,110,000192,896,000220,559,000189,533,000180,406,000193,385,000210,754,000187,860,0000177,736,000201,936,000177,349,000166,167,000156,984,000171,859,000144,973,000146,294,000133,758,000142,904,000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
181,250,000
189,400,000
189,271,000
198,804,000
182,511,000
200,873,000
197,841,000
196,461,000
186,284,000
196,711,000
196,644,000
197,339,000
0
0197,339,000196,644,000196,711,000186,284,000196,461,000197,841,000200,873,000182,511,000198,804,000189,271,000189,400,000181,250,00000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68,899,000
70,601,000
74,015,000
21,544,000
46,825,000
47,814,000
45,549,000
22,456,000
54,449,000
54,031,000
51,772,000
23,356,000
50,332,000
43,691,000
40,268,000
22,082,000
43,094,000
44,262,000
45,306,000
20,987,000
44,375,000
43,912,000
43,344,000
29,451,000
49,620,000
46,155,000
47,966,000
0
047,966,00046,155,00049,620,00029,451,00043,344,00043,912,00044,375,00020,987,00045,306,00044,262,00043,094,00022,082,00040,268,00043,691,00050,332,00023,356,00051,772,00054,031,00054,449,00022,456,00045,549,00047,814,00046,825,00021,544,00074,015,00070,601,00068,899,00000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
22,340,000
22,234,000
22,837,000
23,564,000
24,454,000
24,025,000
24,694,000
24,971,000
26,034,000
25,879,000
0
27,434,000
28,211,000
27,411,000
27,867,000
28,630,000
29,207,000
28,235,000
28,844,000
29,784,000
29,835,000
28,470,000
29,808,000
29,983,000
31,031,000
29,127,000
30,142,000
31,069,000
32,409,000
30,900,000
31,237,000
32,136,000
33,148,000
30,884,000
31,945,000
32,628,000
32,895,000
30,443,000
31,010,000
30,494,000
31,488,000
31,442,000
31,737,000
32,544,000
33,731,000
34,480,000
35,519,000
36,619,000
33,494,000
30,913,000
30,689,000
31,026,000
31,404,000
28,181,000
29,085,000
30,370,000
31,225,000
31,225,00030,370,00029,085,00028,181,00031,404,00031,026,00030,689,00030,913,00033,494,00036,619,00035,519,00034,480,00033,731,00032,544,00031,737,00031,442,00031,488,00030,494,00031,010,00030,443,00032,895,00032,628,00031,945,00030,884,00033,148,00032,136,00031,237,00030,900,00032,409,00031,069,00030,142,00029,127,00031,031,00029,983,00029,808,00028,470,00029,835,00029,784,00028,844,00028,235,00029,207,00028,630,00027,867,00027,411,00028,211,00027,434,000025,879,00026,034,00024,971,00024,694,00024,025,00024,454,00023,564,00022,837,00022,234,00022,340,000000
   Common Stock
0
0
0
4,037,000
4,037,000
4,043,000
4,043,000
4,043,000
4,043,000
4,047,000
4,047,000
4,047,000
4,047,000
0
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,000
4,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,0004,050,00004,047,0004,047,0004,047,0004,047,0004,043,0004,043,0004,043,0004,043,0004,037,0004,037,000000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
547,000
752,000
813,000
807,000
919,000
919,000
889,000
756,000
1,033,000
1,162,000
0
1,236,000
1,156,000
1,462,000
1,112,000
1,106,000
921,000
817,000
713,000
700,000
-121,000
-23,000
313,000
-303,000
-108,000
-223,000
-218,000
-176,000
57,000
184,000
-189,000
-136,000
287,000
190,000
188,000
165,000
-46,000
-104,000
-245,000
-460,000
-234,000
-716,000
-666,000
-695,000
-256,000
11,000
21,000
113,000
39,000
802,000
418,000
243,000
-154,000
-553,000
-781,000
-552,000
-532,000
-532,000-552,000-781,000-553,000-154,000243,000418,000802,00039,000113,00021,00011,000-256,000-695,000-666,000-716,000-234,000-460,000-245,000-104,000-46,000165,000188,000190,000287,000-136,000-189,000184,00057,000-176,000-218,000-223,000-108,000-303,000313,000-23,000-121,000700,000713,000817,000921,0001,106,0001,112,0001,462,0001,156,0001,236,00001,162,0001,033,000756,000889,000919,000919,000807,000813,000752,000547,000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue11,766,000
Cost of Revenue--
Gross Profit11,766,00011,766,000
 
Operating Income (+$)
Gross Profit11,766,000
Operating Expense-5,039,000
Operating Income6,338,0006,727,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative178,000
Selling And Marketing Expenses66,000
Operating Expense5,039,000244,000
 
Net Interest Income (+$)
Interest Income17,709,000
Interest Expense-12,278,000
Other Finance Cost-1,715,000
Net Interest Income7,146,000
 
Pretax Income (+$)
Operating Income6,338,000
Net Interest Income7,146,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)6,338,0006,338,000
EBIT - interestExpense = -5,940,000
6,338,000
17,212,000
Interest Expense12,278,000
Earnings Before Interest and Taxes (EBIT)6,338,00018,616,000
Earnings Before Interest and Taxes (EBITDA)6,947,000
 
After tax Income (+$)
Income Before Tax6,338,000
Tax Provision-1,446,000
Net Income From Continuing Ops5,109,0004,892,000
Net Income4,934,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses5,039,000
Total Other Income/Expenses Net--7,146,000
 

Technical Analysis of Nordea
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nordea. The general trend of Nordea is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nordea's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nordea Bank Abp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 129.28 < 131.38 < 131.92.

The bearish price targets are: 116.16 > 115.90 > 114.90.

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Nordea Bank Abp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nordea Bank Abp. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nordea Bank Abp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nordea Bank Abp. The current macd is -1.49082052.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nordea price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nordea. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nordea price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nordea Bank Abp Daily Moving Average Convergence/Divergence (MACD) ChartNordea Bank Abp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nordea Bank Abp. The current adx is 20.47.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nordea shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Nordea Bank Abp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nordea Bank Abp. The current sar is 125.90.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Nordea Bank Abp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nordea Bank Abp. The current rsi is 35.96. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Nordea Bank Abp Daily Relative Strength Index (RSI) ChartNordea Bank Abp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nordea Bank Abp. The current phase is Oversold in neutral market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nordea price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nordea Bank Abp Daily Stochastic Oscillator ChartNordea Bank Abp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nordea Bank Abp. The current cci is -118.35720663.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Nordea Bank Abp Daily Commodity Channel Index (CCI) ChartNordea Bank Abp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nordea Bank Abp. The current cmo is -35.56477454.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nordea Bank Abp Daily Chande Momentum Oscillator (CMO) ChartNordea Bank Abp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nordea Bank Abp. The current willr is -81.65784832.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Nordea Bank Abp Daily Williams %R ChartNordea Bank Abp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nordea Bank Abp.

Nordea Bank Abp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nordea Bank Abp. The current atr is 2.24997943.

Nordea Bank Abp Daily Average True Range (ATR) ChartNordea Bank Abp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nordea Bank Abp. The current obv is 194,397,516.

Nordea Bank Abp Daily On-Balance Volume (OBV) ChartNordea Bank Abp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nordea Bank Abp. The current mfi is 42.59.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Nordea Bank Abp Daily Money Flow Index (MFI) ChartNordea Bank Abp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nordea Bank Abp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Nordea Bank Abp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nordea Bank Abp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.956
Ma 20Greater thanMa 50124.906
Ma 50Greater thanMa 100124.968
Ma 100Greater thanMa 200123.543
OpenGreater thanClose120.460
Total3/5 (60.0%)
Penke

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