NORTHEAST COMMUNITY BANCORP (NECB) Stock Technical Analysis
NASDAQ:NECB - Nasdaq - US6641211007 - Common Stock - Currency: USD
Overall NECB gets a technical rating of 0 out of 10. NECB'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than NECB.
NECB is one of the lesser performing stocks in the Banks industry. 87% of 393 stocks in the same industry do better.
NECB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NECB has a been trading in the 19.89 - 23.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NECB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.91
25.63
We found 1 important support area.
- A support zone ranging from 20.11 to 20.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.58 to 23.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.08 to 24.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.38 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 NECB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NECB is down. |
| ChartMill Relative Strength | 25.93 | NEGATIVE | NECB has a low relative strength, it was outperformed by 74.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NECB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NECB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NECB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for NECB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NECB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.77 | NEUTRAL | The Stochastics value for NECB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for NECB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.87 | POSITIVE | The high ADX value value for NECB 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)
21.73
+1.06 (+5.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.13%
1 Week5.64%
2 Weeks0.84%
1 Month-5.89%
3 Month-7.53%
6 Month-8.74%
12 Month-0.82%
2 Year37.01%
3 Year71.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%3.24%
ATR Inc22.11%
Range Today1.18
ADR(20)0.69
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.93
Mansfield-1.81
10 Day High21.96
10 Day Low19.89
20 Day High23.89
20 Day Low19.89
52 Week High31.72
52 Week Low19.75
CS1 End20.18
CR1 Start23.58
Volume & EV
DER(3)-0.43%
DER(5)-0.94%
Volume55.00K
Volume Incr13.62%
Vol(5)46.14K
Vol(50)37.56K