Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
DNB NOR BANK ASA (NASDAQ:DNBBF)
Countertrend Up (+85) - DNBBF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 9th, 2021 at 24.6000
The intermediate-term trend has been UP since Dec 28th, 2021 at 23.2999
The short-term trend has been DOWN since Jan 19th, 2022 at 24.3300
Smart Scan Analysis for DNBBF
Based on our trend formula, DNBBF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.8||52wk High Date||2021-10-25|
|52wk Low||17.49||52wk Low Date||2021-08-06|