We assign a technical rating of 7 out of 10 to NECB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NECB is only an average performer.
- NECB is part of the Banks industry. There are 383 other stocks in this industry, of which 63% are performing better than NECB.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the performance of all stocks over the past year, NECB turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- NECB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NECB is lagging the market.
- In the last month NECB has a been trading in the 21.81 - 24.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NECB also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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19.91
2 important support areas can be observed.
- A support zone ranging from 22.23 to 23.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.11 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.61 to 24.08. 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 NECB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NECB is neutral. |
| ChartMill Relative Strength | 63.51 | NEUTRAL | NECB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NECB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NECB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NECB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.87 | 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) | 52.41 | NEUTRAL | The Stochastics value for NECB is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for NECB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for NECB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 24.09 | 22.38 | 1.71 (7.08%) | 14.13% |
| An entry @24.09. This is a Buy Stop order right above the resistance zone. | An exit @22.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.71 points, which is 7.08%. | When investing 14.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
23.6
+0.15 (+0.64%)
NORTHEAST COMMUNITY BANCORP / NECB FAQ
Can you provide the ChartMill technical rating for NORTHEAST COMMUNITY BANCORP?
ChartMill assigns a technical rating of 7 / 10 to NECB.
What is the current trend direction of NORTHEAST COMMUNITY BANCORP (NECB) stock?
The current trend direction for NORTHEAST COMMUNITY BANCORP (NECB) is Bullish.
What is the RSI signal for NECB stock?
NORTHEAST COMMUNITY BANCORP (NECB) has an RSI value of 58.8662. This indicates that the stock is currently neutral.
What are the support and resistance levels for NORTHEAST COMMUNITY BANCORP (NECB) stock?
NORTHEAST COMMUNITY BANCORP (NECB) has a support level at 23.27 and a resistance level at 23.61. Check the full technical report for our detailed analysis of NECB support and resistance levels.