The output start index for this execution was two with a total number of output elements of fifteen. 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 DNB ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
DNB ASA Trend Analysis
Use this graph to draw trend lines for DNB ASA. You can use it to identify possible trend reversals for DNB ASA 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 DNB ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DNB ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DNB ASA applied against its price change over selected period. The best fit line has a slop of 0.031544 % which means DNB ASA will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.81, which is the sum of squared deviations for the predicted DNB ASA price change compared to its average price change.
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DNB ASA is rated below average in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.29 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for DNB ASA is roughly 1.29