Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
DNB NOR BANK ASA (NASDAQ:DNBBF)
Sidelines Mode (+55) - DNBBF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DNBBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DNBBF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DNBBF
The long-term trend has been DOWN since Mar 4th, 2022 at 20.590
The intermediate-term trend has been UP since Jul 19th, 2022 at 18.748
The short-term trend has been DOWN since Aug 15th, 2022 at 20.016
Smart Scan Analysis for DNBBF
Based on our trend formula, DNBBF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.8||52wk High Date||2021-10-25|
|52wk Low||17.08||52wk Low Date||2022-07-06|