NORTHFIELD BANCORP INC (NFBK) Technical Analysis
NASDAQ:NFBK • US66611T1088
Current stock price
NFBK Technical Rating and Analysis
Taking everything into account, NFBK scores 7 out of 10 in our technical rating. Although NFBK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- NFBK is one of the better performing stocks in the Banks industry, it outperforms 71% of 376 stocks in the same industry.
- NFBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, NFBK did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month NFBK has a been trading in a tight range between 13.48 and 14.20.
- Considerably lower volume is observed in the last couple of days.
NFBK Weekly and Daily overview Charts
NFBK Setup Rating and Analysis
Besides having an excellent technical rating, NFBK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.89, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
NFBK Support and Resistance Analysis
10.30
When analyzing the support we can see 5 important areas.
- A support zone ranging from 13.87 to 13.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.33 to 13.56. 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 @10.88 from a trend line in the weekly time frame.
- A support zone ranging from 10.40 to 10.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.07 to 14.17. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for NFBK is up. |
| ChartMill Relative Strength | 73.08 | POSITIVE | NFBK has a high relative strength, it outperformed 73.08% 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) | 59.91 | NEUTRAL | The RSI value for NFBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NFBK has a positive trend. |
| Stochastics (14,3) | 68.87 | NEUTRAL | The Stochastics value for NFBK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for NFBK suggests low volalility. |
| Average Directional Index/ADX (14) | 18.15 | 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 |
|---|---|---|---|
| 14.18 | 13.86 | 0.32 (2.26%) | 25.00% |
| An entry @14.18. This is a Buy Stop order right above the resistance zone. | An exit @13.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 2.26%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NFBK. Please evaluate whether better entry and exit points can be found.
- 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
14.06
+0.11 (+0.79%)
NORTHFIELD BANCORP INC / NFBK TA FAQ
What is the technical rating for NFBK stock?
ChartMill assigns a technical rating of 7 / 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 59.907. 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 0.000356509, 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 13.89 and a resistance level at 14.07. Check the full technical report for our detailed analysis of NFBK support and resistance levels.