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DNB BANK ASA (DNB.OL) Stock Technical Analysis

OSL:DNB - Euronext Oslo - NO0010161896 - Common Stock - Currency: NOK

264.2  +0.7 (+0.27%)

Technical Rating and Analysis

9

Taking everything into account, DNB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DNB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DNB did better than 83% of all other stocks. On top of that, DNB also shows a nice and consistent pattern of rising prices.
DNB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DNB slightly outperforms the market at the moment.
DNB has an average volume of 2008950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DNB is an average performer in the Banks industry, it outperforms 51% of 95 stocks in the same industry.
In the last month DNB has a been trading in the 230.30 - 279.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DNB BANK ASA / DNB Weekly stock chart
DNB BANK ASA / DNB Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, DNB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 261.08, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

223.25

282.51

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 255.28 to 261.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @251.20 from a trend line in the weekly time frame.
  • Support @246.69 from a horizontal line in the weekly time frame.
  • A support zone ranging from 237.87 to 239.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 225.50 to 227.20. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 276.71 to 279.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.87
Mansfield1.84
10 Day High267.2
10 Day Low235.4
20 Day High279.8
20 Day Low230.3
52 Week High279.8
52 Week Low192.6
Performance
1 Week1.62%
2 Weeks8.23%
1 Month-4.03%
3 Month9.9%
6 Month14.67%
12 Month27.08%
2 Year41.13%
3 Year43.78%
5 Year112.72%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.9
RSI(14)54.52
LBB236.75
UBB272.27
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
279.72255.2724.45 (8.74%)11.44%
An entry @279.72. This is a Buy Stop order right above the resistance zone.An exit @255.27. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 24.45 points, which is 8.74%.When investing 11.44% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DNB BANK ASA / DNB Daily stock chart

DNB BANK ASA

OSL:DNB (4/25/2025, 7:00:00 PM)

264.2

+0.7 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.27%
1 Week1.62%
2 Weeks8.23%
1 Month-4.03%
3 Month9.9%
6 Month14.67%
12 Month27.08%
2 Year41.13%
3 Year43.78%
5 Year112.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.98
ATR(20)%2.9%
ATR Inc-49.84%
Range Today3.8
ADR(20)6.5
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.87
Mansfield1.84
10 Day High267.2
10 Day Low235.4
20 Day High279.8
20 Day Low230.3
52 Week High279.8
52 Week Low192.6
CS1 End261.08
CR1 Start276.71
Volume & EV
DER(3)2.29%
DER(5)1.44%
Volume1.94M
Volume Incr-27.66%
Vol(5)1.67M
Vol(50)2.01M