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DNBBF Stock Forecast & DNB Bank ASA Chart Analysis

This article provides a detailed analysis of DNBBF-DNB Bank ASA stock including a forecast for DNBBF shares. It features DNB Bank ASA technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

DNBBF Historical Data Review

DNBBF Current Price Performance Analysis

The DNB Bank ASA - DNBBF stock traded on the American stock market, on 06-05-2024, closed at 19.65$ with no change compared to the previous day.

In the last month, the price of DNBBF changed by %3.20 increased in value, from 19.04 dollars on 05-06-2024 to 19.65 dollars, increased.

Last year, the price of DNBBF was 17.34 dollars on 06-06-2023, and changed by %13.32 increased in value, to 19.65 dollars increased within a year.

The price of DNB Bank ASA stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

DNBBF with AI Stock Forecast & Price Target

DNBBF stock forecast DNB Bank ASA price target

On the DNBBF chart DNB Bank ASA price was recorded as 19.65 Dollars on 06/05/2024.

The artificial intelligence's forecast on DNBBF stock is as follows.

The artificial intelligence's prediction error margin for DNBBF stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for DNB Bank ASA stock over the next 4 months is: 19.1 Dollars.

The commentary on DNBBF stock Target Price: Highest: 20.691 Dollars is predicted.

The commentary on DNBBF stock Target Price: Lowest: 17.668 Dollars is predicted.

Resistance Price where DNB Bank ASA stock will Rise and Fall:

Date Price Prediction
10-03-2024 19.239
12-27-2024 20.691
02-25-2025 19.781

Support Price where DNB Bank ASA stock will Fall and Rise:

Date Price Prediction
08-09-2024 17.668
10-28-2024 18.004
01-31-2025 19.317
03-27-2025 18.881

The commentary on DNBBF stock: Fluctuations in the target price can be expected in the coming days.

The target price for DNB Bank ASA stock by the end of 2024 is predicted to be 20.691 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on DNBBF stock, and the 2024 target price predictions for DNB Bank ASA are detailed above.

The technical analysis and charts for the commentary on DNBBF stock are below.

DNBBF Support & Resistance and Trend Analysis

DNBBF review DNB Bank ASA technical analysis trend chart DNBBF priceDNBBF stock support and resistance price chart

DNBBF stock you have reviewed the technical analysis support resistance charts regarding.

DNBBF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DNBBF review, the DNB Bank ASA support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

DNB Bank ASA Support and Resistance Prices:

DNBBF Support Level Price DNBBF Resistance Level Price
16.53 19.64
17.22 19.87
17.25 20.10
18.43 20.16
18.77 20.26
18.89 20.47
19.05 20.50
19.48 20.52
19.49 20.55
19.58 20.80
20.55 21.30
21.42

DNBBF Technical Analysis: SMA, RSI, MACD

DNBBF review DNB Bank ASA SMA chart analysis DNBBF priceDNBBF buy or sell review DNB Bank ASA MACD chart analysis DNBBF price

Upon reviewing the DNBBF chart, buy and sell signals have been generated in the DNB Bank ASA technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for DNBBF stock are as follows:
  1. The technical analysis for DNBBF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for DNBBF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for DNB Bank ASA issued a 'Buy' signal when the MACD was at -0.284, with the current MACD value being: 0.135

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.