NORTHFIELD BANCORP INC (NFBK) Technical Analysis
NASDAQ:NFBK • US66611T1088
Current stock price
NFBK Technical Rating and Analysis
Taking everything into account, NFBK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NFBK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that NFBK is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, NFBK also shows a nice and consistent pattern of rising prices.
- NFBK is one of the better performing stocks in the Banks industry, it outperforms 86% of 376 stocks in the same industry.
- NFBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NFBK is lagging the market slightly.
- In the last month NFBK has a been trading in the 13.26 - 14.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
NFBK Weekly and Daily overview Charts
NFBK Setup Rating and Analysis
NFBK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.76, a Stop Loss order could be placed below this zone.
More info and screens
NFBK Support and Resistance Analysis
10.30
We found 4 important support areas.
- A support zone ranging from 13.28 to 13.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.96 to 12.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.85 from a trend line in the weekly time frame.
- A support zone ranging from 10.40 to 10.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.82 to 14.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NFBK Technical Indicator Signal Analysis
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 NFBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NFBK is neutral. |
| ChartMill Relative Strength | 81.54 | POSITIVE | NFBK has a high relative strength, it outperformed 81.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.59 | NEUTRAL | The RSI value for NFBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NFBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.78 | NEUTRAL | The Stochastics value for NFBK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for NFBK suggests low volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for NFBK suggests a weak or negative trend. |
NFBK Chart- and CandleStick Pattern Analysis
NFBK Example Setup
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 |
|---|---|---|---|
| 13.83 | 13.51 | 0.32 (2.34%) | 25.00% |
| An entry @13.83. This is a Buy Stop order right above the 10 day moving average. | An exit @13.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 2.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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.
NFBK Technicals: Chart, Performance Metrics, Trend & Indicators
13.78
+0.08 (+0.58%)
NORTHFIELD BANCORP INC / NFBK TA FAQ
What is the technical rating for NFBK stock?
ChartMill assigns a technical rating of 9 / 10 to NFBK.
What is the current trend direction of NORTHFIELD BANCORP INC (NFBK) stock?
The current trend direction for NORTHFIELD BANCORP INC (NFBK) is Bullish.
What is the RSI signal for NORTHFIELD BANCORP INC (NFBK) stock?
NORTHFIELD BANCORP INC (NFBK) has an RSI value of 54.5942. This indicates that the stock is currently neutral.
What is the MACD signal for NFBK stock?
The MACD indicator for NORTHFIELD BANCORP INC (NFBK) has a value of -0.0379933, indicating a bearish trend.
What are the support and resistance levels for NORTHFIELD BANCORP INC (NFBK) stock?
NORTHFIELD BANCORP INC (NFBK) has a support level at 13.76 and a resistance level at 13.82. Check the full technical report for our detailed analysis of NFBK support and resistance levels.