Taking everything into account, NBBK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NBBK is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- NBBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NBBK has a been trading in the 19.49 - 22.70 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, NBBK did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- NBBK is part of the Banks industry. There are 383 other stocks in this industry, NBBK did better than 58% of them.
- Volume is considerably higher in the last couple of days.
Although NBBK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.72
4 important support areas can be observed.
- A support zone ranging from 20.12 to 20.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.53 to 19.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.61 to 17.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.89 to 17.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NBBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBBK is up. |
| ChartMill Relative Strength | 77.3 | POSITIVE | NBBK has a high relative strength, it outperformed 77.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.23 | OVERBOUGHT | The high RSI value suggests NBBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NBBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.33 | OVERBOUGHT | The high Stochastics value suggests NBBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for NBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 38.05 | POSITIVE | The high ADX value value for NBBK suggests a strong trend. |
22.37
+0.19 (+0.86%)
NB BANCORP INC / NBBK FAQ
What is the ChartMill technical rating of NB BANCORP INC (NBBK) stock?
ChartMill assigns a technical rating of 8 / 10 to NBBK.
What is the current trend direction of NB BANCORP INC (NBBK) stock?
The current trend direction for NB BANCORP INC (NBBK) is Bullish.
Can you provide the RSI signal for NB BANCORP INC?
NB BANCORP INC (NBBK) has an RSI value of 71.2303. This indicates that the stock is currently overbought.
What is the short term momentum for NBBK stock?
The short term momentum for NB BANCORP INC (NBBK) is positive.
What is the buy/sell signal for NBBK stock?
The buy/sell signal for NB BANCORP INC (NBBK) is buy as both the short term and long term trends are positive.