NATIONAL BANK HOLD-CL A (NBHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NBHC - US6337071046 - Common Stock
Overall NBHC gets a technical rating of 1 out of 10. NBHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, NBHC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.01, a Stop Loss order could be placed below this zone.
More info and screens
32.82
We found 2 important support areas.
- A support zone ranging from 35.90 to 36.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 37.62 to 37.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 40.04 to 40.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.59 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for NBHC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NBHC is neutral. |
| ChartMill Relative Strength | 22.18 | NEGATIVE | NBHC has a low relative strength, it was outperformed by 77.82% off all stocks 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) | DOWN | MIXED | The current price of NBHC is above a declining 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) | 54.73 | NEUTRAL | The RSI value for NBHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests NBHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.53 | NEUTRAL | The Stochastics value for NBHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for NBHC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.84 | NEGATIVE | The low ADX value for NBHC suggests a weak or negative trend. |
37.46
+0.25 (+0.67%)
NATIONAL BANK HOLD-CL A / NBHC FAQ
Can you provide the ChartMill technical rating for NATIONAL BANK HOLD-CL A?
ChartMill assigns a technical rating of 1 / 10 to NBHC.
What is the trend direction for NBHC stock?
The current trend direction for NATIONAL BANK HOLD-CL A (NBHC) is Bearish.
What is the RSI signal for NATIONAL BANK HOLD-CL A (NBHC) stock?
NATIONAL BANK HOLD-CL A (NBHC) has an RSI value of 54.725. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL BANK HOLD-CL A (NBHC) stock?
The MACD indicator for NATIONAL BANK HOLD-CL A (NBHC) has a value of 0.202546, indicating a bearish trend.