DNB BANK ASA (DNB.OL) Stock Technical Analysis
OSL:DNB - Euronext Oslo - NO0010161896 - Common Stock - Currency: NOK
Taking everything into account, DNB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DNB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DNB is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, DNB also shows a nice and consistent pattern of rising prices.
DNB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DNB is leading the market.
In the last month DNB has a been trading in the 254.40 - 278.20 range, which is quite wide. It is currently trading near the high of this range.
DNB has an average volume of 1880500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DNB is an average performer in the Banks industry, it outperforms 48% of 93 stocks in the same industry.
Although DNB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
235.82
282.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 261.87 to 270.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @257.20 from a trend line in the weekly time frame.
- Support @246.69 from a horizontal line in the weekly time frame.
- A support zone ranging from 238.20 to 242.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 276.71 to 279.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DNB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNB.OL is up. |
| ChartMill Relative Strength | 84.53 | POSITIVE | DNB.OL has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNB.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DNB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNB.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for DNB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests DNB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.94 | OVERBOUGHT | The high Stochastics value suggests DNB.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for DNB.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 25.85 | POSITIVE | The high ADX value value for DNB.OL suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 279.72 | 260.89 | 18.83 (6.73%) | 14.86% |
| An entry @279.72. This is a Buy Stop order right above the resistance zone. | An exit @260.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 18.83 points, which is 6.73%. | When investing 14.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:DNB (5/22/2025, 4:26:15 PM)
275.6
-2.1 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.76%
1 Week1.81%
2 Weeks4.12%
1 Month4.31%
3 Month9.11%
6 Month19.57%
12 Month34.18%
2 Year48.33%
3 Year44.94%
5 Year108.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.71
ATR(20)%1.88%
ATR Inc-30.9%
Range Today3.25
ADR(20)4.41
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield1.5
10 Day High278.2
10 Day Low260.9
20 Day High278.2
20 Day Low254.4
52 Week High279.8
52 Week Low200.1
CS1 End270.63
CR1 Start276.71
Volume & EV
DER(3)-0.54%
DER(5)1.02%
Volume688.23K
Volume Incr-27.57%
Vol(5)1.24M
Vol(50)1.88M