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DNKEY Stock Forecast & Danske Bank A/S Chart Analysis

This article provides a detailed analysis of DNKEY-Danske Bank A/S stock including a forecast for DNKEY shares. It features Danske Bank A/S 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.

DNKEY Historical Data Review

DNKEY Current Price Performance Analysis

The Danske Bank A/S - DNKEY stock traded on the American stock market, on 06-05-2024, closed at 14.98$ with a %-1.19 decreased compared to the previous day.

In the last month, the price of DNKEY changed by %4.46 increased in value, from 14.34 dollars on 05-06-2024 to 14.98 dollars, increased.

Last year, the price of DNKEY was 10.76 dollars on 06-06-2023, and changed by %39.22 increased in value, to 14.98 dollars increased within a year.

The price of Danske Bank A/S 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.

DNKEY with AI Stock Forecast & Price Target

DNKEY stock forecast Danske Bank A/S price target

On the DNKEY chart Danske Bank A/S price was recorded as 14.98 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for DNKEY stock is 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 Danske Bank A/S stock over the next 4 months is: 14.9 Dollars.

The commentary on DNKEY stock Target Price: Highest: 16.614 Dollars is predicted.

The commentary on DNKEY stock Target Price: Lowest: 13.519 Dollars is predicted.

Resistance Price where Danske Bank A/S stock will Rise and Fall:

Date Price Prediction
06-20-2024 15.678
08-09-2024 14.066
10-08-2024 14.412
12-12-2024 16.614
03-12-2025 15.384

Support Price where Danske Bank A/S stock will Fall and Rise:

Date Price Prediction
07-25-2024 14.017
09-03-2024 13.519
10-28-2024 14.070
02-05-2025 14.443
03-17-2025 15.305

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

The target price for Danske Bank A/S stock by the end of 2024 is predicted to be 16.176 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on DNKEY stock, and the 2024 target price predictions for Danske Bank A/S are detailed above.

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

DNKEY Support & Resistance and Trend Analysis

DNKEY review Danske Bank A/S technical analysis trend chart DNKEY priceDNKEY stock support and resistance price chart

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

DNKEY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DNKEY review, the Danske Bank A/S 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.

Danske Bank A/S Support and Resistance Prices:

DNKEY Support Level Price DNKEY Resistance Level Price
12.71 13.27
12.74 13.48
12.80 13.59
13.37 14.11
13.70 14.17
13.88 14.54
14.25 14.76
14.43 14.95
14.77 15.03
15.27
15.35

DNKEY Technical Analysis: SMA, RSI, MACD

DNKEY review Danske Bank A/S SMA chart analysis DNKEY priceDNKEY buy or sell review Danske Bank A/S MACD chart analysis DNKEY price

Upon reviewing the DNKEY chart, buy and sell signals have been generated in the Danske Bank A/S 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 DNKEY stock are as follows:
  1. The technical analysis for DNKEY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for Danske Bank A/S issued a 'Buy' signal when the MACD was at -0.134, with the current MACD value being: 0.192

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 Danske Bank A/S stock: Click here to read more predictions on WEC Energy Group stock.

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