DBS - 28 Mar 2025

Stock Analysis for DBS Group Holdings Ltd (D05) - 1D Chart (SGX)

1. Trend Analysis

• Overall Trend: The stock is in an uptrend, making higher highs and higher lows.

• Recent Highs & Lows:

  • Higher highs: 46.85, 45.44, 44.95

  • Higher lows: 43.92, 43.12, 42.72

• Trend Strength:

  • Price action is forming consistent higher highs.

  • No major trend reversal signals yet, but minor pullbacks have been occurring.

  • The uptrend has been intact since mid-2024.

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2. Key Price Action Signals

• Strong Trend Bars:

  • Large bullish bars seen in late November and December 2024.

  • The current uptrend has had strong bullish candles with minor pullbacks.

• Pin Bars & Engulfing Patterns:

  • 43.12 Support Level (February 2025): Bullish rejection led to price recovery.

  • 46.85 Resistance (March 2025): A small rejection wick was formed.

• Inside Bars & Dojis:

  • Small doji-like candles near 44.95 and 45.44, showing hesitation before continuation.

• Volume Spikes:

  • November 2024: Strong volume breakout led to trend acceleration.

  • March 2025: Increased volume suggests continued interest in the stock.

• Gap Up/Down Analysis:

  • No significant gaps observed, indicating a steady trend rather than high volatility gaps.

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3. Support & Resistance Levels

• Support Levels:

  • 43.12 - 43.92 Zone: Held multiple times, indicating a strong demand zone.

  • 42.72: Previous swing low, important for trend continuation.

• Resistance Levels:

  • 46.85: Recent high, potential breakout level.

  • 45.44 - 44.95: Acted as temporary resistance but was breached.

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4. Breakout & Pullback Analysis

• Breakouts:

  • November 2024 breakout above 39.70 led to strong momentum.

  • The price is currently near 46.85, another potential breakout level.

• Pullbacks:

  • Small retracements around 43.92, which respected trendline support.

  • No significant bearish pullback yet, suggesting bulls are in control.

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5. Market Context & Trading Bias

• Trending Market: Bullish, with no major reversal signs.

• Psychology:

  • Bulls are controlling the market with steady higher highs.

  • No panic selling or high volatility indicates stability.

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6. Supply, Demand & Liquidity Analysis

• Supply Zones:

  • Sellers emerged around 46.85, but demand remains strong.

• Demand Zones:

  • Buyers have defended levels near 43.12 - 43.92 multiple times.

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7. Risk Management Strategy

• Entry:

  • Breakout above 46.85 with strong volume confirmation.

  • Pullback buy near 44.95 for trend continuation.

• Stop-Loss:

  • Below 43.92 (recent swing low).

• Profit Targets:

  • 48.00 - 50.00 range if bullish breakout continues.

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Conclusion:

DBS Group (D05) is in a strong uptrend, with buyers consistently pushing the price higher. A breakout above 46.85 could signal further upside, while a pullback to 44.95 might provide a re-entry opportunity. There are no immediate reversal signs, but traders should watch volume near key resistance levels.

Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.

Dividend:  4,65%