NATIONAL BANK HOLD-CL A (NBHC) Technical Analysis
NYSE:NBHC • US6337071046
Current stock price
NBHC Technical Rating and Analysis
Overall NBHC gets a technical rating of 8 out of 10. Although NBHC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- NBHC 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 NBHC is lagging the market slightly.
- In the last month NBHC has a been trading in the 39.33 - 43.86 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, NBHC outperforms 63% of them, which is more or less in line with the market.
- NBHC is part of the Banks industry. There are 376 other stocks in this industry, NBHC did better than 55% of them.
- Considerably lower volume is observed in the last couple of days.
NBHC Weekly and Daily overview Charts
NBHC Setup Rating and Analysis
NBHC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.08. Right above this resistance zone may be a good entry point.
More info and screens
NBHC Support and Resistance Analysis
35.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.20 to 38.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.90 to 36.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.08 to 43.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
NBHC Technical Indicator Signal Analysis
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 NBHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBHC is up. |
| ChartMill Relative Strength | 63.87 | 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) | UP | POSITIVE | The current price of NBHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.69 | NEUTRAL | The RSI value for NBHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NBHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.45 | NEUTRAL | The Stochastics value for NBHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for NBHC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for NBHC suggests a possible start of a new trend. |
NBHC Chart- and CandleStick Pattern Analysis
NBHC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.29 | 40.97 | 2.32 (5.36%) | 18.66% |
| An entry @43.29. This is a Buy Stop order right above the resistance zone. | An exit @40.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.32 points, which is 5.36%. | For a 1.00% total portfolio risk, you can invest 18.66% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NBHC Technicals: Chart, Performance Metrics, Trend & Indicators
43.07
+0.37 (+0.87%)
NATIONAL BANK HOLD-CL A / NBHC TA FAQ
What is the ChartMill technical rating of NATIONAL BANK HOLD-CL A (NBHC) stock?
ChartMill assigns a technical rating of 8 / 10 to NBHC.
What is the current trend direction of NATIONAL BANK HOLD-CL A (NBHC) stock?
The current trend direction for NATIONAL BANK HOLD-CL A (NBHC) is Bullish.
Can you provide the RSI signal for NATIONAL BANK HOLD-CL A?
NATIONAL BANK HOLD-CL A (NBHC) has an RSI value of 61.6933. 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 0.040481, indicating a bearish trend.
What is the short term momentum for NATIONAL BANK HOLD-CL A (NBHC) stock?
The short term momentum for NATIONAL BANK HOLD-CL A (NBHC) is positive.