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DNB BANK ASA (DNB.OL) Stock Technical Analysis

OSL:DNB - Oslo Bors ASA - NO0010161896 - Common Stock - Currency: NOK

243  +2.8 (+1.17%)

Technical Rating and Analysis

8

Taking everything into account, DNB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DNB is only an average performer.

DNB is part of the Banks industry. There are 98 other stocks in this industry, of which 73% are performing better than DNB.
Both the short term and long term trends are positive. This is a very positive sign.
DNB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DNB has a been trading in the 227.80 - 246.00 range, which is quite wide. It is currently trading near the high of this range.
DNB has an average volume of 1149450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DNB outperforms 60% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
DNB BANK ASA / DNB Weekly stock chart
DNB BANK ASA / DNB Daily stock chart
Setup Rating and Analysis

3

Although DNB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

196.96

248.07

We found 4 important support areas.

  • A support zone ranging from 237.76 to 241.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 224.19 to 233.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 207.20 to 207.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @198.95 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @245.61 from a horizontal line in the daily time frame.
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
CRS60.78
Mansfield0.1
10 Day High246
10 Day Low236.6
20 Day High246
20 Day Low227.8
52 Week High246
52 Week Low192.6
Performance
1 Week-1.68%
2 Weeks0.67%
1 Month3.98%
3 Month4.94%
6 Month12.03%
12 Month19.62%
2 Year15.7%
3 Year21.87%
5 Year54.07%
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)-0.13
RSI(14)57.91
LBB235.07
UBB245.73
DNB BANK ASA / DNB Daily stock chart

DNB BANK ASA

OSL:DNB (2/5/2025, 4:25:15 PM)

243

+2.8 (+1.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.17%
1 Week-1.68%
2 Weeks0.67%
1 Month3.98%
3 Month4.94%
6 Month12.03%
12 Month19.62%
2 Year15.7%
3 Year21.87%
5 Year54.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.02
ATR(20)%1.21%
ATR Inc80.16%
Range Today7
ADR(20)2.74
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.78
Mansfield0.1
10 Day High246
10 Day Low236.6
20 Day High246
20 Day Low227.8
52 Week High246
52 Week Low192.6
CS1 End233.01
CR1 Start245.61
Volume & EV
DER(3)2.5%
DER(5)0.82%
Volume958.02K
Volume Incr16.27%
Vol(5)1.31M
Vol(50)1.15M