NORTHRIM BANCORP INC (NRIM) Stock Technical Analysis
USA - NASDAQ:NRIM - US6667621097 - Common Stock
20.12 USD
+0.37 (+1.87%)
20.12 USD
0 (0%)
Overall NRIM gets a technical rating of 0 out of 10. NRIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
66% of all other stocks performed better in the past year than NRIM.
In the last month NRIM has a been trading in the 19.60 - 23.90 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NRIM is an average performer in the Banks industry, it outperforms 53% of 391 stocks in the same industry.
NRIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRIM is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of NRIM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.04
24.52
3 important support areas can be observed.
- Support @20.11 from a horizontal line in the weekly time frame.
- Support @19.75 from a horizontal line in the daily time frame.
- Support @18.22 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @20.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.95 to 22.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.73 from a horizontal line in the daily time frame.
- Resistance @24.28 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 | NEUTRAL | NEUTRAL | The long term trend for NRIM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRIM is down. |
| ChartMill Relative Strength | 34.64 | NEUTRAL | NRIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRIM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.58 | NEUTRAL | The RSI value for NRIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests NRIM has a negative trend. |
| Stochastics (14,3) | 20.35 | NEUTRAL | The Stochastics value for NRIM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for NRIM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for NRIM 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)
20.12
+0.37 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.87%
1 Week-1.52%
2 Weeks-5.81%
1 Month-11.6%
3 Month-16.07%
6 Month10.44%
12 Month12.76%
2 Year92.95%
3 Year65.15%
5 Year181.79%
10 Year191.38%
15 Year374.53%
Volatility
ATR(14)0.73
ATR(20)%3.55%
ATR Inc46.69%
Range Today0.34
ADR(20)0.69
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.64
Mansfield-1.21
10 Day High22.22
10 Day Low19.6
20 Day High23.9
20 Day Low19.6
52 Week High25.05
52 Week Low15.92
CS1 End20.11
CR1 Start20.24
Volume & EV
DER(3)0.73%
DER(5)0.89%
Volume136.65K
Volume Incr3.41%
Vol(5)117.03K
Vol(50)79.35K