NORTHEAST COMMUNITY BANCORP (NECB) Stock Technical Analysis
USA - NASDAQ:NECB - US6641211007 - Common Stock
19.74 USD
+0.16 (+0.82%)
19.74 USD
0 (0%)
We assign a technical rating of 0 out of 10 to NECB. NECB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NECB is a bad performer in the overall market: 89% of all stocks are doing better.
NECB is one of the lesser performing stocks in the Banks industry. 92% of 391 stocks in the same industry do better.
NECB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NECB has a been trading in the 19.41 - 21.78 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, NECB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 19.73, a Stop Loss order could be placed below this zone.
More info and screens
19.38
25.63
We found 1 important support area.
- A support zone ranging from 19.58 to 19.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 20.31 to 20.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.18 to 21.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.03 from a trend line in the weekly time frame.
- Resistance @23.08 from a horizontal line in the daily time frame.
- Resistance @24.17 from a trend line in the weekly time frame.
- 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 | 11.16 | NEGATIVE | NECB has a low relative strength, it was outperformed by 88.84% 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) | 39.51 | NEUTRAL | The RSI value for NECB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NECB has a negative trend. |
| Stochastics (14,3) | 22.46 | NEUTRAL | The Stochastics value for NECB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for NECB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | 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)
19.74
+0.16 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.82%
1 Week-1.1%
2 Weeks-2.13%
1 Month-7.84%
3 Month-14.62%
6 Month-10.64%
12 Month-30.42%
2 Year29.53%
3 Year50%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.15%
ATR Inc10.49%
Range Today0.35
ADR(20)0.61
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.16
Mansfield-2.46
10 Day High21.3
10 Day Low19.41
20 Day High21.78
20 Day Low19.41
52 Week High31.72
52 Week Low19.41
CS1 End19.73
CR1 Start20.31
Volume & EV
DER(3)-3%
DER(5)-3.27%
Volume57.60K
Volume Incr-0.56%
Vol(5)59.86K
Vol(50)50.76K