NORTHFIELD BANCORP INC (NFBK) Stock Technical Analysis
USA - NASDAQ:NFBK - US66611T1088 - Common Stock
11.7 USD
+0.03 (+0.26%)
11.7 USD
0 (0%)
Overall NFBK gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NFBK is a bad performer.
When comparing the yearly performance of all stocks, NFBK is a bad performer in the overall market: 63% of all stocks are doing better.
NFBK is one of the lesser performing stocks in the Banks industry. 76% of 392 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month NFBK has a been trading in the 11.30 - 12.14 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.
NFBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NFBK is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, NFBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.68, 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.
More info and screens
10.29
12.37
We found 4 important support areas.
- A support zone ranging from 11.36 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.81 from a trend line in the daily time frame.
- Support @10.59 from a trend line in the weekly time frame.
- A support zone ranging from 10.39 to 10.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.77 to 11.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.23 to 12.25. 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 NFBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NFBK is up. |
| ChartMill Relative Strength | 37.48 | NEUTRAL | NFBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NFBK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NFBK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NFBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | NEUTRAL | The RSI value for NFBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NFBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for NFBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NFBK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for NFBK 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)
11.7
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.26%
1 Week3.45%
2 Weeks0.52%
1 Month1.3%
3 Month-1.76%
6 Month5.88%
12 Month2.63%
2 Year23.81%
3 Year-18.24%
5 Year28.29%
10 Year-23.08%
15 Year8.13%
Volatility
ATR(14)0.3
ATR(20)%2.34%
ATR Inc-27.77%
Range Today0.2
ADR(20)0.27
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.48
Mansfield-0.95
10 Day High11.99
10 Day Low11.3
20 Day High12.14
20 Day Low11.3
52 Week High14.39
52 Week Low9.4
CS1 End11.68
CR1 Start11.77
Volume & EV
DER(3)1.73%
DER(5)1.94%
Volume225.10K
Volume Incr97.89%
Vol(5)303.74K
Vol(50)185.16K