Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
DNB ASA SP/ADR (NASDAQ:DNBBY)
Sidelines Mode (+55) - DNBBY 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 DNBBY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DNBBY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DNBBY
The long-term trend has been DOWN since Oct 24th, 2023 at 18.3782
The intermediate-term trend has been UP since Nov 14th, 2023 at 18.6150
The short-term trend has been DOWN since Dec 4th, 2023 at 19.0450
Smart Scan Analysis for DNBBY
Based on our trend formula, DNBBY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.1045||52wk High Date||2023-07-27|
|52wk Low||16.34||52wk Low Date||2023-05-18|