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DNB BANK ASA (DNB.OL) Stock Technical Analysis

OSL:DNB - Euronext Oslo - NO0010161896 - Common Stock - Currency: NOK

263.1  +3.7 (+1.43%)

Technical Rating and Analysis

3

Taking everything into account, DNB scores 3 out of 10 in our technical rating. DNB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

DNB is one of the lesser performing stocks in the Banks industry. 82% of 91 stocks in the same industry do better.
In the last month DNB has a been trading in the 256.90 - 284.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DNB has an average volume of 1827630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, DNB outperforms 59% of them, which is more or less in line with the market.
DNB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DNB is lagging the market.
Weekly and Daily overview Charts
DNB BANK ASA / DNB Weekly stock chart
DNB BANK ASA / DNB Daily stock chart
Setup Rating and Analysis

2

The technical rating of DNB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

235.82

287.36

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 259.39 to 259.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 249.25 to 251.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @238.20 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 274.00 to 278.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @284.51 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for DNB.OL is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DNB.OL is neutral.
ChartMill Relative Strength59.87NEUTRALDNB.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DNB.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of DNB.OL is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DNB.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)38.54NEUTRALThe RSI value for DNB.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.66NEGATIVEThe MACD value suggests DNB.OL has a negative trend.
Stochastics (14,3)41.47NEUTRALThe Stochastics value for DNB.OL is a neutral value.
Average True Range in percent/ATR (20)2.13MEDIUM VOLATILITYThe ATR as a percentage value for DNB.OL suggests some volalility.
Average Directional Index/ADX (14)19.42NEGATIVEThe low ADX value for DNB.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
DNB BANK ASA / DNB Daily stock chart

DNB BANK ASA

OSL:DNB (7/14/2025, 7:00:00 PM)

263.1

+3.7 (+1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.43%
1 Week-6.34%
2 Weeks-5.56%
1 Month-6.83%
3 Month1.23%
6 Month10.64%
12 Month20.25%
2 Year25.83%
3 Year38.77%
5 Year89.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.49
ATR(20)%2.13%
ATR Inc321.27%
Range Today7.5
ADR(20)4.56
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.87
Mansfield0.01
10 Day High284.5
10 Day Low256.9
20 Day High284.5
20 Day Low256.9
52 Week High284.5
52 Week Low208
CS1 End259.39
CR1 Start274
Volume & EV
DER(3)1.13%
DER(5)2.16%
Volume2.74M
Volume Incr18.92%
Vol(5)2.44M
Vol(50)1.83M