DNB Bank (DNB.OL)

Close: 196.65 (+2.35), May 3, 2024
Positive

Low risk

chart DNB Bank (DNB) Candlesticks 22 Days
Candlesticks
chart DNB Bank (DNB) Short term
Short term: Weak Negative
chart DNB Bank (DNB) Medium term
Medium term: Weak Positive
chart DNB Bank (DNB) Long term
Long term: Positive
chart DNB Bank (DNB)
RSI - Relative Strength Index
chart Insider Trades
Insider Trades

Short term

DNB Bank has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock is testing resistance at kroner 197. This could give a negative reaction, but an upward breakthrough of kroner 197 means a positive signal. The stock is assessed as technically slightly negative for the short term.

Recommendation one to six weeks: Weak Negative (Score: -41)

Medium term

DNB Bank 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. The stock is moving within a rectangle formation between support at 187 and resistance at 202. A decisive break through one of these levels indicates the new direction for the stock. The stock is between support at kroner 193 and resistance at kroner 202. A definitive break through of one of these levels predicts the new direction. The stock is overall assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive (Score: 42)

Long term

DNB Bank is in a rising trend channel in the long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. The stock has given a positive signal from the rectangle formation by a break up through the resistance at 182. Further rise to 221 or more is signaled. 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 180 kroner. The stock is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 94)


Overall analysis

DNB Bank is technically negative for the short term, but positive for the medium and long term. The stock is positive on Insider Trades.

Recommendation one to six months: Positive (Score: 80)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.82%314.49+1.21%
5 days26.962.73%393.91+2.05%
22 days0.377.03%337.46-1.04%
66 days-24.6412.74%306.30-1.04%
Funds managed by Investtech own shares in the company. This does not influence the analysis which is automatically generated. Read more >>
Investtech is co-operating with DNB. This does not influence the analysis which is automatically generated. Read more >>
 


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.

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