NORTHEAST COMMUNITY BANCORP (NECB) Stock Technical Analysis
NASDAQ:NECB - Nasdaq - US6641211007 - Common Stock - Currency: USD
Overall NECB gets a technical rating of 7 out of 10. NECB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, NECB outperforms 63% of them, which is more or less in line with the market.
NECB is part of the Banks industry. There are 394 other stocks in this industry, NECB did better than 43% of them.
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 21.82 - 24.81 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.36, a Stop Loss order could be placed below this zone.
More info and screens
20.53
25.63
3 important support areas can be observed.
- A support zone ranging from 22.96 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.23 to 22.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.74 to 20.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.00 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NECB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NECB is up. |
| ChartMill Relative Strength | 63.36 | 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) | DOWN | NEGATIVE | The current price of NECB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for NECB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NECB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.73 | NEUTRAL | The Stochastics value for NECB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for NECB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for NECB suggests a weak or negative 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)
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 |
|---|---|---|---|
| 24.69 | 23.04 | 1.65 (6.68%) | 14.96% |
| An entry @24.69. This is a Buy Stop order right above the resistance zone. | An exit @23.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.65 points, which is 6.68%. | When investing 14.96% 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.
23.82
+0.15 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.63%
1 Week0%
2 Weeks2.06%
1 Month3.7%
3 Month7.83%
6 Month-5.06%
12 Month16.37%
2 Year47.13%
3 Year90.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.91%
ATR Inc-41.56%
Range Today0.43
ADR(20)0.66
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.36
Mansfield-0.88
10 Day High24.81
10 Day Low23.05
20 Day High24.81
20 Day Low21.82
52 Week High31.72
52 Week Low19.75
CS1 End23.36
CR1 Start24
Volume & EV
DER(3)-1.91%
DER(5)-1.11%
Volume23.30K
Volume Incr-18.91%
Vol(5)27.76K
Vol(50)30.75K