Danske Bank (Denmark) Technical Analysis

DANSKE Stock  DKK 214.40  0.30  0.14%   
As of the 23rd of January, Danske Bank shows the Downside Deviation of 1.12, coefficient of variation of 731.04, and Mean Deviation of 0.9235. Danske Bank AS technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Danske Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Danske, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Danske
  
Danske Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Danske Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Danske Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danske Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Danske Bank AS Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Danske Bank AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Danske Bank AS Trend Analysis

Use this graph to draw trend lines for Danske Bank AS. You can use it to identify possible trend reversals for Danske Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Danske Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Danske Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Danske Bank AS applied against its price change over selected period. The best fit line has a slop of   0.29  , which means Danske Bank AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3231.47, which is the sum of squared deviations for the predicted Danske Bank price change compared to its average price change.

About Danske Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Danske Bank AS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Danske Bank AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Danske Bank AS price pattern first instead of the macroeconomic environment surrounding Danske Bank AS. By analyzing Danske Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Danske Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Danske Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.

Danske Bank January 23, 2025 Technical Indicators

Most technical analysis of Danske help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Danske from various momentum indicators to cycle indicators. When you analyze Danske charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Danske Bank January 23, 2025 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Danske stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Danske Stock analysis

When running Danske Bank's price analysis, check to measure Danske Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danske Bank is operating at the current time. Most of Danske Bank's value examination focuses on studying past and present price action to predict the probability of Danske Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danske Bank's price. Additionally, you may evaluate how the addition of Danske Bank to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals