NATIONAL BANK HOLD-CL A (NBHC) Stock Technical Analysis
NYSE:NBHC - New York Stock Exchange, Inc. - US6337071046 - Common Stock - Currency: USD
Overall NBHC gets a technical rating of 5 out of 10. In the past year, NBHC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NBHC is a bad performer in the overall market: 62% of all stocks are doing better.
NBHC is part of the Banks industry. There are 394 other stocks in this industry, of which 83% are performing better than NBHC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NBHC has a been trading in the 35.52 - 40.57 range, which is quite wide. It is currently trading near the high of this range.
NBHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBHC is lagging the market.
NBHC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 40.06. Right above this resistance zone may be a good entry point.
More info and screens
32.82
40.99
5 important support areas can be observed.
- A support zone ranging from 39.80 to 39.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.62 to 38.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.61 to 36.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.81 from a trend line in the weekly time frame.
- Support @33.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.06 to 40.58. 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 | NEUTRAL | NEUTRAL | The long term trend for NBHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBHC is up. |
| ChartMill Relative Strength | 38.26 | NEUTRAL | NBHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NBHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.28 | NEUTRAL | The RSI value for NBHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NBHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.47 | NEUTRAL | The Stochastics value for NBHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for NBHC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.22 | POSITIVE | The high ADX value value for NBHC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
40.05
+0.6 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.52%
1 Week-0.32%
2 Weeks1.68%
1 Month12.44%
3 Month12.66%
6 Month-9.16%
12 Month-9.22%
2 Year16.56%
3 Year-3.77%
5 Year44.17%
10 Year85.07%
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.15%
ATR Inc-12.08%
Range Today0.66
ADR(20)0.83
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.26
Mansfield-1.02
10 Day High40.57
10 Day Low38.57
20 Day High40.57
20 Day Low35.52
52 Week High51.76
52 Week Low32.83
CS1 End39.89
CR1 Start40.06
Volume & EV
DER(3)-1.18%
DER(5)0.4%
Volume305.10K
Volume Incr-18.99%
Vol(5)217.03K
Vol(50)220.49K