NB BANCORP INC (NBBK) Technical Analysis
NASDAQ:NBBK • US63945M1071
Taking everything into account, NBBK scores 4 out of 10 in our technical rating. NBBK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month NBBK has a been trading in the 20.10 - 22.64 range, which is quite wide. It is currently trading near the lows of this range.
- NBBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NBBK is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, NBBK outperforms 56% of them, which is more or less in line with the market.
- NBBK is an average performer in the Banks industry, it outperforms 55% of 381 stocks in the same industry.
NBBK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NBBK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.98
We found 3 important support areas.
- A support zone ranging from 20.90 to 20.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.77 to 17.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.15 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.01 to 21.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.37 to 22.37. 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 | DOWN | NEGATIVE | The short term trend for NBBK is down. |
| ChartMill Relative Strength | 56.59 | NEUTRAL | NBBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NBBK is below 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) | 43.21 | NEUTRAL | The RSI value for NBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NBBK has a negative trend. |
| Stochastics (14,3) | 36.87 | NEUTRAL | The Stochastics value for NBBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for NBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for NBBK suggests a possible start of a new trend. |
NBBK Technicals: Chart, Performance Metrics, Trend & Indicators
20.92
-0.34 (-1.6%)
NB BANCORP INC / NBBK FAQ
What is the ChartMill technical rating of NB BANCORP INC (NBBK) stock?
ChartMill assigns a technical rating of 4 / 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 43.2143. This indicates that the stock is currently neutral.
What is the short term momentum for NBBK stock?
The short term momentum for NB BANCORP INC (NBBK) is negative.
What is the buy/sell signal for NBBK stock?
The buy/sell signal for NB BANCORP INC (NBBK) is hold as the short term and long term trends are mixed.