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SYDBANK A/S (SYDB.CO) Stock Technical Analysis

CPH:SYDB - Nasdaq Copenhagen A/S - DK0010311471 - Common Stock - Currency: DKK

443.8  -0.6 (-0.14%)

Technical Rating and Analysis

8

Taking everything into account, SYDB scores 8 out of 10 in our technical rating. Although SYDB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
SYDB is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
SYDB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, SYDB did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
SYDBANK A/S / SYDB Weekly stock chart
SYDBANK A/S / SYDB Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, SYDB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 443.79, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

335.70

455.42

7 important support areas can be observed.

  • A support zone ranging from 439.53 to 443.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @430.99 from a horizontal line in the daily time frame.
  • A support zone ranging from 397.57 to 398.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @379.00 from a horizontal line in the daily time frame.
  • Support @367.20 from a horizontal line in the daily time frame.
  • Strong support @345.60 from a horizontal line in the daily time frame.
  • Support @339.09 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 444.81 to 450.91. 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
CRS78.55
Mansfield1.9
10 Day High451.2
10 Day Low416.4
20 Day High451.2
20 Day Low395.2
52 Week High451.2
52 Week Low311
Performance
1 Week-0.22%
2 Weeks6.32%
1 Month11.51%
3 Month24.17%
6 Month33.59%
12 Month14.38%
2 Year43.72%
3 Year92.29%
5 Year362.53%
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)0.64
RSI(14)68.04
LBB405.97
UBB460.43
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
450.92439.5211.40 (2.53%)25.00%
An entry @450.92. This is a Buy Stop order right above the resistance zone.An exit @439.52. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 11.40 points, which is 2.53%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%.

  • The distance between exit and entry is rather small compared to the average daily movement of SYDB. Please evaluate whether better entry and exit points can be found.
  • 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.
SYDBANK A/S / SYDB Daily stock chart

SYDBANK A/S

CPH:SYDB (3/7/2025, 4:54:50 PM)

443.8

-0.6 (-0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.14%
1 Week-0.22%
2 Weeks6.32%
1 Month11.51%
3 Month24.17%
6 Month33.59%
12 Month14.38%
2 Year43.72%
3 Year92.29%
5 Year362.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.82
ATR(20)%1.95%
ATR Inc-21.03%
Range Today6.2
ADR(20)8.01
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.55
Mansfield1.9
10 Day High451.2
10 Day Low416.4
20 Day High451.2
20 Day Low395.2
52 Week High451.2
52 Week Low311
CS1 End443.79
CR1 Start444.81
Volume & EV
DER(3)-1.74%
DER(5)-0.17%
Volume16.80K
Volume Incr-1.66%
Vol(5)38.27K
Vol(50)45.83K