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DNSKF Stock Forecast & Danske Bank A/S Chart Analysis

This article provides a detailed analysis of DNSKF-Danske Bank A/S stock including a forecast for DNSKF 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.

DNSKF Historical Data Review

DNSKF Current Price Performance Analysis

The Danske Bank A/S - DNSKF stock traded on the American stock market, on 06-05-2024, closed at 27.05$ with no change compared to the previous day.

In the last month, the price of DNSKF changed by %-7.52 decreased in value, from 29.25 dollars on 05-06-2024 to 27.05 dollars, decreased.

Last year, the price of DNSKF was 20.31 dollars on 06-06-2023, and changed by %33.19 increased in value, to 27.05 dollars increased within a year.

The price of Danske Bank A/S stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

DNSKF with AI Stock Forecast & Price Target

DNSKF stock forecast Danske Bank A/S price target

On the DNSKF chart Danske Bank A/S price was recorded as 27.05 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for DNSKF 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: 29.3 Dollars.

The commentary on DNSKF stock Target Price: Highest: 32.74 Dollars is predicted.

The commentary on DNSKF stock Target Price: Lowest: 27.028 Dollars is predicted.

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

Date Price Prediction
07-05-2024 29.352
08-19-2024 27.604
10-18-2024 28.233
12-17-2024 32.740
03-12-2025 30.212

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

Date Price Prediction
08-09-2024 27.452
09-18-2024 27.028
11-07-2024 28.021
02-05-2025 29.625
03-27-2025 29.971

The commentary on DNSKF 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 32.297 Dollars.

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

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

DNSKF Support & Resistance and Trend Analysis

DNSKF review Danske Bank A/S technical analysis trend chart DNSKF priceDNSKF stock support and resistance price chart

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

DNSKF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DNSKF 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:

DNSKF Support Level Price DNSKF Resistance Level Price
25.45 26.12
26.90
28.18
29.92
30.78

DNSKF Technical Analysis: SMA, RSI, MACD

DNSKF review Danske Bank A/S SMA chart analysis DNSKF priceDNSKF buy or sell review Danske Bank A/S MACD chart analysis DNSKF price

Upon reviewing the DNSKF 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 DNSKF stock are as follows:
  1. DNSKF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Danske Bank A/S gave a 'Buy' signal when the RSI was at 25.258, with the current RSI value at nan.
  3. The technical analysis for DNSKF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Danske Bank A/S issued a 'Buy' signal when the MACD was at -0.559, with the current MACD value being: -0.409

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 Agnico Eagle Mines stock.

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