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DNBBY Stock Forecast & DNB Bank ASA Chart Analysis

This article provides a detailed analysis of DNBBY-DNB Bank ASA stock including a forecast for DNBBY 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.

DNBBY Historical Data Review

DNBBY Current Price Performance Analysis

The DNB Bank ASA - DNBBY stock traded on the American stock market, on 06-05-2024, closed at 19.25$ with a %0.05 increased compared to the previous day.

In the last month, the price of DNBBY changed by %2.94 increased in value, from 18.7 dollars on 05-06-2024 to 19.25 dollars, increased.

Last year, the price of DNBBY was 17.3 dollars on 06-06-2023, and changed by %11.27 increased in value, to 19.25 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.

DNBBY with AI Stock Forecast & Price Target

DNBBY stock forecast DNB Bank ASA price target

On the DNBBY chart DNB Bank ASA price was recorded as 19.25 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for DNBBY 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: 19.2 Dollars.

The commentary on DNBBY stock Target Price: Highest: 20.711 Dollars is predicted.

The commentary on DNBBY stock Target Price: Lowest: 17.683 Dollars is predicted.

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

Date Price Prediction
10-03-2024 19.450
12-27-2024 20.711
02-25-2025 20.058

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

Date Price Prediction
08-09-2024 17.683
11-07-2024 18.003
01-31-2025 19.415
03-27-2025 19.064

The commentary on DNBBY 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 20.711 Dollars.

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

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

DNBBY Support & Resistance and Trend Analysis

DNBBY review DNB Bank ASA technical analysis trend chart DNBBY priceDNBBY stock support and resistance price chart

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

DNBBY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DNBBY 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:

DNBBY Support Level Price DNBBY Resistance Level Price
17.40 19.53
17.59 19.72
18.60 19.80
18.79 19.95
18.80 20.15
18.95 20.20
18.99 20.35
19.40 20.49
19.59 20.56
19.69 20.57
20.78
21.24
21.32

DNBBY Technical Analysis: SMA, RSI, MACD

DNBBY review DNB Bank ASA SMA chart analysis DNBBY priceDNBBY buy or sell review DNB Bank ASA MACD chart analysis DNBBY price

Upon reviewing the DNBBY 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 DNBBY stock are as follows:
  1. The technical analysis for DNBBY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for DNBBY 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 -0.336, with the current MACD value being: 0.104

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.

You have read the comments, technical analyses, target prices, and financial reports for DNB Bank ASA stock: Click here to read more predictions on Fujitsu Limited stock.

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