NB BANCORP INC (NBBK) Stock Technical Analysis
USA - NASDAQ:NBBK - US63945M1071 - Common Stock
Overall NBBK gets a technical rating of 4 out of 10. In the last year, NBBK was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
NBBK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.83. Right above this resistance zone may be a good entry point.
More info and screens
15.60
4 important support areas can be observed.
- Support @18.46 from a trend line in the weekly time frame.
- A support zone ranging from 17.87 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.89 to 17.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.76 to 15.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.83 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.61 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NBBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NBBK is neutral. |
| ChartMill Relative Strength | 43.64 | NEUTRAL | NBBK is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of NBBK is above a declining 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) | 58.98 | NEUTRAL | The RSI value for NBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NBBK has a positive trend. |
| Stochastics (14,3) | 66.29 | NEUTRAL | The Stochastics value for NBBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for NBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 11.95 | NEGATIVE | The low ADX value for NBBK suggests a weak or negative trend. |
18.52
+0.33 (+1.81%)
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.
Can you provide the trend direction for NB BANCORP INC?
The current trend direction for NB BANCORP INC (NBBK) is Bearish.
Can you provide the RSI signal for NB BANCORP INC?
NB BANCORP INC (NBBK) has an RSI value of 58.9842. This indicates that the stock is currently neutral.
What are the support and resistance levels for NB BANCORP INC (NBBK) stock?
NB BANCORP INC (NBBK) has a support level at 18.46 and a resistance level at 18.83. Check the full technical report for our detailed analysis of NBBK support and resistance levels.