NORTHRIM BANCORP INC (NRIM) Stock Technical Analysis
NASDAQ:NRIM - Nasdaq - US6667621097 - Common Stock - Currency: USD
Taking everything into account, NRIM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRIM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NRIM did better than 93% of all other stocks. We also observe that the gains produced by NRIM over the past year are nicely spread over this period.
NRIM is one of the better performing stocks in the Banks industry, it outperforms 97% of 395 stocks in the same industry.
NRIM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NRIM has a been trading in the 86.00 - 99.33 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NRIM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
69.48
100.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 86.49 to 87.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.18 from a trend line in the weekly time frame.
- A support zone ranging from 70.18 to 70.43. 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 NRIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRIM is up. |
| ChartMill Relative Strength | 93.29 | POSITIVE | NRIM has a high relative strength, it outperformed 93.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.85 | OVERBOUGHT | The high RSI value suggests NRIM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests NRIM has a positive trend. |
| Stochastics (14,3) | 92.3 | OVERBOUGHT | The high Stochastics value suggests NRIM may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NRIM suggests some volalility. |
| Average Directional Index/ADX (14) | 32.86 | POSITIVE | The high ADX value value for NRIM suggests a strong 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)
NASDAQ:NRIM (7/3/2025, 7:54:27 PM)
99.06
+2.56 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.65%
1 Week6.5%
2 Weeks13.34%
1 Month10.42%
3 Month45.02%
6 Month27.08%
12 Month78.78%
2 Year107.24%
3 Year137.84%
5 Year330.32%
10 Year291.7%
15 Year462.84%
Volatility
ATR(14)2.45
ATR(20)%2.3%
ATR Inc1.81%
Range Today1.95
ADR(20)2.18
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.29
Mansfield1.9
10 Day High99.33
10 Day Low86.05
20 Day High99.33
20 Day Low86
52 Week High99.33
52 Week Low55.35
CS1 End87.35
CR1 StartN/A
Volume & EV
DER(3)-0.21%
DER(5)-0.7%
Volume26.40K
Volume Incr6.87%
Vol(5)81.36K
Vol(50)57.92K