NORTHEAST BANK (NBN) Stock Technical Analysis
NASDAQ:NBN - US66405S1006 - Common Stock
109.13 USD
-0.21 (-0.19%)
109.13 USD
0 (0%)
Taking everything into account, NBN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NBN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NBN did better than 90% of all other stocks.
NBN is one of the better performing stocks in the Banks industry, it outperforms 97% of 395 stocks in the same industry.
NBN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NBN has a been trading in the 92.51 - 111.50 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although NBN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
81.58
111.81
We found 3 important support areas.
- Support @101.18 from a trend line in the daily time frame.
- A support zone ranging from 93.00 to 93.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 109.56 to 110.70. 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 NBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBN is up. |
| ChartMill Relative Strength | 90.79 | POSITIVE | NBN has a high relative strength, it outperformed 90.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.16 | NEUTRAL | The RSI value for NBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests NBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.19 | OVERBOUGHT | The high Stochastics value suggests NBN may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for NBN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.97 | POSITIVE | The high ADX value value for NBN 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)
109.13
-0.21 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.19%
1 Week-1.07%
2 Weeks6.91%
1 Month14.05%
3 Month31.2%
6 Month19.44%
12 Month63.25%
2 Year147.46%
3 Year197.6%
5 Year493.1%
10 Year936.37%
15 Year809.42%
Volatility
ATR(14)2.79
ATR(20)%2.62%
ATR Inc-1.12%
Range Today2.99
ADR(20)2.75
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.79
Mansfield0.91
10 Day High111.5
10 Day Low100.82
20 Day High111.5
20 Day Low92.51
52 Week High111.5
52 Week Low65.55
CS1 End101.18
CR1 Start109.56
Volume & EV
DER(3)0.99%
DER(5)0.6%
Volume44.80K
Volume Incr-35.83%
Vol(5)63.24K
Vol(50)101.92K