Denmark Stock Market Index (OMX Copenhagen 20)

The overall recommendation is Sell based on technical indicators and moving averages. An RSI between 30 and 70 is pretty normal, showing a neutral rating. The MACD line is below the signal line pointing to a bearish trend. The 10-day EMA is below the 20-day EMA which suggests short-term weakness. The price being below the 50-day SMA is a sign of medium-term weakness. The 50-day SMA is under the 200-day SMA, suggesting a longer-term downtrend. The ATR is 29.19 which gives a sense of the current price volatility.

Danske Bank A/S forecasts from Danske Bank project a 12-month price target average of 285.29 DKK with a high of 329 DKK and a low of 233 DKK, impacting OMX Copenhagen 20. Other analysts provide a 12-month price target for Danske Bank A/S averaging 286.38 DKK with a high of 329.00 DKK and a low of 245.00 DKK, influencing OMX Copenhagen 20. Jyske Bank A/S forecasts from four analysts establish a consensus 12-month price target of 738.75 DKK, a high of 790 DKK and a low of 673 DKK, affecting OMX Copenhagen 20. Nordea Bank's 12-month price target averages 14.6 with a high estimate of 16.6 and a low of 11.8, based on eight analysts' projections, impacting OMX Copenhagen 20.