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Vestjysk Bank A/S
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Let's analyse Vestjysk Bank A/S together

PenkeI guess you are interested in Vestjysk Bank A/S. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Vestjysk Bank A/S. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Vestjysk Bank A/S (30 sec.)










What can you expect buying and holding a share of Vestjysk Bank A/S? (30 sec.)

How much money do you get?

How much money do you get?
kr0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
kr5.64
Expected worth in 1 year
kr9.02
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
kr3.38
Return On Investment
73.2%

For what price can you sell your share?

Current Price per Share
kr4.61
Expected price per share
kr4.21 - kr4.98
How sure are you?
50%

1. Valuation of Vestjysk Bank A/S (5 min.)




Live pricePrice per Share (EOD)

kr4.61

2. Growth of Vestjysk Bank A/S (5 min.)




Is Vestjysk Bank A/S growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$858.1m$150.8m15.0%

How much money is Vestjysk Bank A/S making?

Current yearPrevious yearGrowGrow %
Making money$150.1m$78.7m$71.3m47.5%
Net Profit Margin47.5%38.1%--

How much money comes from the company's main activities?

3. Financial Health of Vestjysk Bank A/S (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Vestjysk Bank A/S? (5 min.)

Welcome investor! Vestjysk Bank A/S's management wants to use your money to grow the business. In return you get a share of Vestjysk Bank A/S.

What can you expect buying and holding a share of Vestjysk Bank A/S?

First you should know what it really means to hold a share of Vestjysk Bank A/S. And how you can make/lose money.

Speculation

The Price per Share of Vestjysk Bank A/S is kr4.61. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Vestjysk Bank A/S.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Vestjysk Bank A/S, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr5.64. Based on the TTM, the Book Value Change Per Share is kr0.84 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.42 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Vestjysk Bank A/S.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.122.6%0.122.6%0.061.4%0.081.8%0.051.0%
Usd Book Value Change Per Share0.122.7%0.122.7%0.061.3%0.102.2%0.071.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.122.7%0.122.7%0.061.3%0.102.2%0.071.5%
Usd Price Per Share0.56-0.56-0.46-0.47-0.74-
Price to Earnings Ratio4.63-4.63-7.17-6.99-39.73-
Price-to-Total Gains Ratio4.61-4.61-7.46-7.25-37.58-
Price to Book Ratio0.69-0.69-0.66-0.89-3.32-
Price-to-Total Gains Ratio4.61-4.61-7.46-7.25-37.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.66845
Number of shares1495
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.120.10
Usd Total Gains Per Share0.120.10
Gains per Quarter (1495 shares)182.91153.61
Gains per Year (1495 shares)731.62614.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
107327220614604
2014631454012291218
3021952186018431832
4029262918024582446
5036583650030723060
6043904382036873674
7051215114043014288
8058535846049154902
9065856578055305516
10073167310061446130

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.05.00.077.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.04.00.081.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%3.00.019.013.6%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.04.00.081.8%

Fundamentals of Vestjysk Bank A/S

About Vestjysk Bank A/S

Vestjysk Bank A/S provides various banking products and services for private and business customers in Denmark. The company offers savings, time deposits, association accounts, and salary and credit accounts; car, mortgage, and home loans; overdrafts; payment services; and debit and credit cards. It also provides various financing, asset management, pension, counseling, and investment services; private banking services; and online and mobile banking services. The company was founded in 1874 and is based in Herning, Denmark. Vestjysk Bank A/S is a subsidiary of A/S Arbejdernes Landsbank.

Fundamental data was last updated by Penke on 2024-03-13 16:42:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.

1.1. Profitability of Vestjysk Bank A/S.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Vestjysk Bank A/S earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • A Net Profit Margin of 47.5% means that kr0.47 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Vestjysk Bank A/S:

  • The MRQ is 47.5%. The company is making a huge profit. +2
  • The TTM is 47.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ47.5%TTM47.5%0.0%
TTM47.5%YOY38.1%+9.4%
TTM47.5%5Y43.7%+3.8%
5Y43.7%10Y26.3%+17.4%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ47.5%18.4%+29.1%
TTM47.5%28.0%+19.5%
YOY38.1%25.2%+12.9%
5Y43.7%22.8%+20.9%
10Y26.3%19.8%+6.5%
1.1.2. Return on Assets

Shows how efficient Vestjysk Bank A/S is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • 2.3% Return on Assets means that Vestjysk Bank A/S generated kr0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Vestjysk Bank A/S:

  • The MRQ is 2.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.3%0.0%
TTM2.3%YOY1.3%+1.0%
TTM2.3%5Y1.9%+0.4%
5Y1.9%10Y1.1%+0.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%0.1%+2.2%
TTM2.3%0.2%+2.1%
YOY1.3%0.2%+1.1%
5Y1.9%0.2%+1.7%
10Y1.1%0.2%+0.9%
1.1.3. Return on Equity

Shows how efficient Vestjysk Bank A/S is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • 14.9% Return on Equity means Vestjysk Bank A/S generated kr0.15 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Vestjysk Bank A/S:

  • The MRQ is 14.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.9%TTM14.9%0.0%
TTM14.9%YOY9.2%+5.7%
TTM14.9%5Y13.9%+1.0%
5Y13.9%10Y8.2%+5.8%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ14.9%1.4%+13.5%
TTM14.9%2.5%+12.4%
YOY9.2%2.7%+6.5%
5Y13.9%2.5%+11.4%
10Y8.2%2.8%+5.4%

1.2. Operating Efficiency of Vestjysk Bank A/S.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Vestjysk Bank A/S is operating .

  • Measures how much profit Vestjysk Bank A/S makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Vestjysk Bank A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y26.4%-26.4%
5Y26.4%10Y26.8%-0.4%
1.2.2. Operating Ratio

Measures how efficient Vestjysk Bank A/S is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are kr0.00 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.325-0.325
5Y0.32510Y0.430-0.105

1.3. Liquidity of Vestjysk Bank A/S.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Vestjysk Bank A/S is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has kr0.00 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.167-0.167
TTM-5Y0.092-0.092
5Y0.09210Y0.076+0.015
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM-0.124-0.124
YOY0.1670.225-0.058
5Y0.0920.219-0.127
10Y0.0760.131-0.055
1.3.2. Quick Ratio

Measures if Vestjysk Bank A/S is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off kr0.00 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.008-0.008
TTM-5Y0.059-0.059
5Y0.05910Y0.060-0.001

1.4. Solvency of Vestjysk Bank A/S.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Vestjysk Bank A/S assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Vestjysk Bank A/S to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.84 means that Vestjysk Bank A/S assets are financed with 84.3% credit (debt) and the remaining percentage (100% - 84.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 0.843. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.843. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.843TTM0.8430.000
TTM0.843YOY0.859-0.016
TTM0.8435Y0.861-0.017
5Y0.86110Y0.887-0.026
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8430.915-0.072
TTM0.8430.917-0.074
YOY0.8590.919-0.060
5Y0.8610.919-0.058
10Y0.8870.927-0.040
1.4.2. Debt to Equity Ratio

Measures if Vestjysk Bank A/S is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 538.6% means that company has kr5.39 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 5.386. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.386. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ5.386TTM5.3860.000
TTM5.386YOY6.089-0.703
TTM5.3865Y6.226-0.840
5Y6.22610Y8.838-2.613
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ5.38610.829-5.443
TTM5.38611.013-5.627
YOY6.08911.363-5.274
5Y6.22611.437-5.211
10Y8.83813.038-4.200

2. Market Valuation of Vestjysk Bank A/S

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Vestjysk Bank A/S generates.

  • Above 15 is considered overpriced but always compare Vestjysk Bank A/S to the Banks - Regional industry mean.
  • A PE ratio of 4.63 means the investor is paying kr4.63 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Vestjysk Bank A/S:

  • The EOD is 5.492. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.634. Based on the earnings, the company is cheap. +2
  • The TTM is 4.634. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.492MRQ4.634+0.858
MRQ4.634TTM4.6340.000
TTM4.634YOY7.165-2.532
TTM4.6345Y6.994-2.360
5Y6.99410Y39.729-32.735
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD5.4927.398-1.906
MRQ4.6346.680-2.046
TTM4.6345.295-0.661
YOY7.1656.943+0.222
5Y6.9949.770-2.776
10Y39.7299.943+29.786
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Vestjysk Bank A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ--1.868+1.868
TTM--0.342+0.342
YOY-6.448-6.448
5Y-0.429-0.429
10Y-0.091-0.091
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Vestjysk Bank A/S is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.69 means the investor is paying kr0.69 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Vestjysk Bank A/S:

  • The EOD is 0.817. Based on the equity, the company is cheap. +2
  • The MRQ is 0.689. Based on the equity, the company is cheap. +2
  • The TTM is 0.689. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.817MRQ0.689+0.128
MRQ0.689TTM0.6890.000
TTM0.689YOY0.658+0.032
TTM0.6895Y0.894-0.204
5Y0.89410Y3.319-2.426
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.8170.427+0.390
MRQ0.6890.386+0.303
TTM0.6890.470+0.219
YOY0.6580.642+0.016
5Y0.8940.795+0.099
10Y3.3191.025+2.294
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Vestjysk Bank A/S compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.8440.8440%0.423+100%0.709+19%0.492+71%
Book Value Per Share--5.6425.6420%4.798+18%3.969+42%2.737+106%
Current Ratio----0%0.167-100%0.092-100%0.076-100%
Debt To Asset Ratio--0.8430.8430%0.859-2%0.861-2%0.887-5%
Debt To Equity Ratio--5.3865.3860%6.089-12%6.226-13%8.838-39%
Dividend Per Share----0%-0%-0%-0%
Eps--0.8390.8390%0.440+91%0.558+51%0.311+170%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap5685974295.040+16%4797927948.8904797927948.8900%3891378580.655+23%4025818723.100+19%6290340783.502-24%
Net Profit Margin--0.4750.4750%0.381+25%0.437+9%0.263+80%
Operating Margin----0%-0%0.264-100%0.268-100%
Operating Ratio----0%-0%0.325-100%0.430-100%
Pb Ratio0.817+16%0.6890.6890%0.658+5%0.894-23%3.319-79%
Pe Ratio5.492+16%4.6344.6340%7.165-35%6.994-34%39.729-88%
Price Per Share4.610+16%3.8903.8900%3.155+23%3.264+19%5.100-24%
Price To Free Cash Flow Ratio----0%-0%-0%-0%
Price To Total Gains Ratio5.464+16%4.6104.6100%7.460-38%7.247-36%37.575-88%
Quick Ratio----0%0.008-100%0.059-100%0.060-100%
Return On Assets--0.0230.0230%0.013+80%0.019+22%0.011+103%
Return On Equity--0.1490.1490%0.092+62%0.139+7%0.082+82%
Total Gains Per Share--0.8440.8440%0.423+100%0.709+19%0.492+71%
Usd Book Value--1009019040.0001009019040.0000%858119135.000+18%709754990.000+42%489465088.500+106%
Usd Book Value Change Per Share--0.1220.1220%0.061+100%0.103+19%0.071+71%
Usd Book Value Per Share--0.8180.8180%0.696+18%0.575+42%0.397+106%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1220.1220%0.064+91%0.081+51%0.045+170%
Usd Free Cash Flow----0%-0%-0%-0%
Usd Market Cap824466272.781+16%695699552.589695699552.5890%564249894.195+23%583743714.850+19%912099413.608-24%
Usd Price Per Share0.668+16%0.5640.5640%0.457+23%0.473+19%0.740-24%
Usd Profit--150132420.000150132420.0000%78745585.000+91%99717979.000+51%55629786.500+170%
Usd Revenue--316381445.000316381445.0000%206861785.000+53%219424469.000+44%180692388.000+75%
Usd Total Gains Per Share--0.1220.1220%0.061+100%0.103+19%0.071+71%
 EOD+4 -3MRQTTM+0 -0YOY+20 -55Y+22 -510Y+20 -7

3.2. Fundamental Score

Let's check the fundamental score of Vestjysk Bank A/S based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.492
Price to Book Ratio (EOD)Between0-10.817
Net Profit Margin (MRQ)Greater than00.475
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.843
Debt to Equity Ratio (MRQ)Less than15.386
Return on Equity (MRQ)Greater than0.150.149
Return on Assets (MRQ)Greater than0.050.023
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Vestjysk Bank A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.705
Ma 20Greater thanMa 504.554
Ma 50Greater thanMa 1004.479
Ma 100Greater thanMa 2004.215
OpenGreater thanClose4.600
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in DKK. All numbers in thousands.

Summary
Total Assets44,437,318
Total Liabilities37,478,566
Total Stockholder Equity6,958,752
 As reported
Total Liabilities 37,478,566
Total Stockholder Equity+ 6,958,752
Total Assets = 44,437,318

Assets

Total Assets44,437,318
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 3,356,296
Total Current Assets  (as reported)0
Total Current Assets  (calculated)3,356,296
+/- 3,356,296
Long-term Assets
Property Plant Equipment 298,627
Long Term Investments 21,701,855
Intangible Assets 80,979
Long-term Assets  (as reported)0
Long-term Assets  (calculated)22,081,461
+/- 22,081,461

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity6,958,752
Total Current Liabilities
Accounts payable 29,014
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)29,014
+/- 29,014
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 2,823,699
Total Stockholder Equity (as reported)6,958,752
Total Stockholder Equity (calculated)2,823,699
+/- 4,135,053
Other
Capital Stock1,233,574
Common Stock Shares Outstanding 1,233,401
Net Invested Capital 9,285,108
Property Plant and Equipment Gross 304,802



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
2,817,401
3,104,451
7,431,155
7,892,418
9,098,098
11,424,953
14,300,356
18,513,230
32,215,933
32,812,522
33,576,619
29,280,199
32,765,477
26,112,237
21,803,562
21,114,056
19,894,640
21,902,400
21,198,212
22,191,899
23,105,052
43,309,983
41,953,297
44,437,318
44,437,31841,953,29743,309,98323,105,05222,191,89921,198,21221,902,40019,894,64021,114,05621,803,56226,112,23732,765,47729,280,19933,576,61932,812,52232,215,93318,513,23014,300,35611,424,9539,098,0987,892,4187,431,1553,104,4512,817,401
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,633,417
1,260,575
860,618
1,041,088
1,249,232
1,110,245
1,305,527
1,090,165
5,783,745
5,511,299
0
05,511,2995,783,7451,090,1651,305,5271,110,2451,249,2321,041,088860,6181,260,5751,633,4170000000000000
       Cash And Cash Equivalents 
28,846
49,675
784,468
457,029
719,435
333,282
78,596
161,714
1,168,190
1,930,572
1,800,910
1,396,868
1,716,504
1,479,862
1,073,004
908,297
1,015,971
1,147,568
987,647
1,241,943
933,723
5,361,237
5,051,351
3,356,296
3,356,2965,051,3515,361,237933,7231,241,943987,6471,147,5681,015,971908,2971,073,0041,479,8621,716,5041,396,8681,800,9101,930,5721,168,190161,71478,596333,282719,435457,029784,46849,67528,846
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
66,242
46,902
47,079
51,397
65,423
80,279
108,953
104,750
118,440
202,816
255,984
0
0255,984202,816118,440104,750108,95380,27965,42351,39747,07946,90266,242000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
51,546
47,079
55,032
66,018
80,279
108,953
104,750
118,440
251,393
330,757
0
0330,757251,393118,440104,750108,95380,27966,01855,03247,07951,5460000000000000
   > Long-term Assets 000000000000000000000000
       Property Plant Equipment 
49,763
62,155
145,656
140,931
182,988
205,267
224,640
220,989
332,750
377,890
488,489
119,148
416,608
373,360
376,992
326,909
319,662
317,384
316,291
266,515
31,512
360,426
325,401
298,627
298,627325,401360,42631,512266,515316,291317,384319,662326,909376,992373,360416,608119,148488,489377,890332,750220,989224,640205,267182,988140,931145,65662,15549,763
       Goodwill 
0
0
0
0
0
0
0
0
96,590
96,590
96,590
96,590
0
0
0
0
0
0
0
0
0
0
0
0
00000000000096,59096,59096,59096,59000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
4,950,172
3,718,762
4,369,328
5,916,802
8,662,167
8,855,089
10,188,651
12,296,195
19,929,631
19,241,526
21,701,855
21,701,85519,241,52619,929,63112,296,19510,188,6518,855,0898,662,1675,916,8024,369,3283,718,7624,950,1720000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
111,554
110,058
108,562
107,065
8,978
7,482
5,986
4,489
3,780
2,435
466
17
0
103,979
92,479
80,979
80,97992,479103,9790174662,4353,7804,4895,9867,4828,978107,065108,562110,058111,55400000000
> Total Liabilities 
2,311,562
2,559,811
6,380,594
6,713,737
7,798,661
10,021,321
12,644,286
16,799,189
30,015,712
30,682,669
31,405,593
27,546,862
31,773,822
25,225,218
20,516,420
19,710,322
18,407,768
19,387,068
18,609,389
19,235,732
19,860,156
37,913,551
36,035,234
37,478,566
37,478,56636,035,23437,913,55119,860,15619,235,73218,609,38919,387,06818,407,76819,710,32220,516,42025,225,21831,773,82227,546,86231,405,59330,682,66930,015,71216,799,18912,644,28610,021,3217,798,6616,713,7376,380,5942,559,8112,311,562
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
18,873,175
19,208,634
18,163,759
17,049,543
18,470,446
17,647,477
18,323,703
18,892,976
35,429,601
32,984,717
0
032,984,71735,429,60118,892,97618,323,70317,647,47718,470,44617,049,54318,163,75919,208,63418,873,1750000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
7,044,374
1,421,725
1,048
882,522
433,626
0
0
0
0
0
0
000000433,626882,5221,0481,421,7257,044,3740000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
7,044,374
1,421,725
1,048
882,522
433,626
0
0
0
0
0
0
000000433,626882,5221,0481,421,7257,044,3740000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
113,419
119,790
14,805
10,389
7,900
13,379
13,185
15,751
15,295
16,020
32,881,749
29,014
29,01432,881,74916,02015,29515,75113,18513,3797,90010,38914,805119,790113,419000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,655
0
0
3,715
0
64,747
0
0
0064,74703,715002,6550000000000000000
   > Long-term Liabilities 000000000000000000000000
> Total Stockholder Equity
505,839
544,640
1,050,561
1,178,681
1,299,437
1,403,632
1,656,070
1,714,041
2,200,221
2,129,853
2,171,026
1,733,337
991,655
887,019
1,287,142
1,403,734
1,486,872
2,515,332
2,588,823
2,956,167
3,244,896
5,396,432
5,918,063
6,958,752
6,958,7525,918,0635,396,4323,244,8962,956,1672,588,8232,515,3321,486,8721,403,7341,287,142887,019991,6551,733,3372,171,0262,129,8532,200,2211,714,0411,656,0701,403,6321,299,4371,178,6811,050,561544,640505,839
   Common Stock
50,000
50,000
89,970
89,970
89,970
89,970
88,000
86,000
125,000
125,000
125,000
125,000
612,889
85,982
151,008
151,008
151,008
895,982
895,982
895,982
895,982
1,233,574
1,233,574
0
01,233,5741,233,574895,982895,982895,982895,982151,008151,008151,00885,982612,889125,000125,000125,000125,00086,00088,00089,97089,97089,97089,97050,00050,000
   Retained Earnings 
452,596
491,396
863,324
1,071,394
1,176,217
1,295,610
1,552,320
1,612,291
2,044,373
1,974,005
2,015,178
1,589,303
341,597
194,004
527,008
573,583
648,142
777,145
846,678
1,306,136
1,594,865
1,938,060
2,457,704
2,823,699
2,823,6992,457,7041,938,0601,594,8651,306,136846,678777,145648,142573,583527,008194,004341,5971,589,3032,015,1781,974,0052,044,3731,612,2911,552,3201,295,6101,176,2171,071,394863,324491,396452,596
   Capital Surplus 000000000000000000000000
   Treasury Stock00000000000000000-4,760000000
   Other Stockholders Equity 
0
0
97,267
17,317
33,250
18,052
15,750
15,750
30,848
30,848
30,848
19,034
37,169
607,033
609,126
679,143
687,722
842,205
846,163
754,049
754,049
2,224,798
1,627,293
0
01,627,2932,224,798754,049754,049846,163842,205687,722679,143609,126607,03337,16919,03430,84830,84830,84815,75015,75018,05233,25017,31797,26700



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.




Income Statement

Currency in DKK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue2,181,941
Cost of Revenue-0
Gross Profit02,181,941
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative368,443
Selling And Marketing Expenses0
Operating Expense0368,443
 
Net Interest Income (+$)
Interest Income1,518,129
Interest Expense-251,932
Other Finance Cost-0
Net Interest Income1,266,197
 
Pretax Income (+$)
Operating Income0
Net Interest Income1,266,197
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,377,6960
EBIT - interestExpense = -251,932
1,035,396
1,287,328
Interest Expense251,932
Earnings Before Interest and Taxes (EBIT)01,629,628
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,377,696
Tax Provision-342,300
Net Income From Continuing Ops1,035,3961,035,396
Net Income1,035,396
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-1,266,197
 

Technical Analysis of Vestjysk Bank A/S
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Vestjysk Bank A/S. The general trend of Vestjysk Bank A/S is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Vestjysk Bank A/S's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Vestjysk Bank A/S.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 4.93 < 4.98.

The bearish price targets are: 4.33 > 4.22 > 4.21.

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Vestjysk Bank A/S Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Vestjysk Bank A/S. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Vestjysk Bank A/S Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Vestjysk Bank A/S. The current macd is -0.00706157.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Vestjysk Bank A/S price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Vestjysk Bank A/S. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Vestjysk Bank A/S price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Vestjysk Bank A/S Daily Moving Average Convergence/Divergence (MACD) ChartVestjysk Bank A/S Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Vestjysk Bank A/S. The current adx is 23.29.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Vestjysk Bank A/S shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Vestjysk Bank A/S Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Vestjysk Bank A/S. The current sar is 4.3354.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Vestjysk Bank A/S Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Vestjysk Bank A/S. The current rsi is 56.71. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Vestjysk Bank A/S Daily Relative Strength Index (RSI) ChartVestjysk Bank A/S Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Vestjysk Bank A/S. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Vestjysk Bank A/S price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Vestjysk Bank A/S Daily Stochastic Oscillator ChartVestjysk Bank A/S Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Vestjysk Bank A/S. The current cci is 28.15.

Vestjysk Bank A/S Daily Commodity Channel Index (CCI) ChartVestjysk Bank A/S Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Vestjysk Bank A/S. The current cmo is 22.81.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Vestjysk Bank A/S Daily Chande Momentum Oscillator (CMO) ChartVestjysk Bank A/S Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Vestjysk Bank A/S. The current willr is -9.67741935.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Vestjysk Bank A/S Daily Williams %R ChartVestjysk Bank A/S Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Vestjysk Bank A/S.

Vestjysk Bank A/S Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Vestjysk Bank A/S. The current atr is 0.10844935.

Vestjysk Bank A/S Daily Average True Range (ATR) ChartVestjysk Bank A/S Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Vestjysk Bank A/S. The current obv is 22,013,168.

Vestjysk Bank A/S Daily On-Balance Volume (OBV) ChartVestjysk Bank A/S Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Vestjysk Bank A/S. The current mfi is 51.27.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Vestjysk Bank A/S Daily Money Flow Index (MFI) ChartVestjysk Bank A/S Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Vestjysk Bank A/S.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Vestjysk Bank A/S Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Vestjysk Bank A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.705
Ma 20Greater thanMa 504.554
Ma 50Greater thanMa 1004.479
Ma 100Greater thanMa 2004.215
OpenGreater thanClose4.600
Total4/5 (80.0%)
Penke

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