BANK OF N.T. BUTTERFIELD&SON (NTB) Stock Technical Analysis
NYSE:NTB - New York Stock Exchange, Inc. - BMG0772R2087 - Common Stock - Currency: USD
Taking everything into account, NTB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NTB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, NTB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.44, a Stop Loss order could be placed below this zone.
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34.80
We found 4 important support areas.
- A support zone ranging from 41.92 to 42.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.45 from a horizontal line in the daily time frame.
- A support zone ranging from 35.81 to 36.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.91 to 43.09. 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 NTB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTB is up. |
| ChartMill Relative Strength | 86.8 | POSITIVE | NTB has a high relative strength, it outperformed 86.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.76 | NEUTRAL | The RSI value for NTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NTB has a negative trend. |
| Stochastics (14,3) | 86.14 | OVERBOUGHT | The high Stochastics value suggests NTB may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for NTB suggests low volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for NTB suggests a strong trend. |
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 |
|---|---|---|---|
| 43.10 | 41.91 | 1.19 (2.76%) | 25.00% |
| An entry @43.10. This is a Buy Stop order right above the resistance zone. | An exit @41.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.19 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
42.69
-0.22 (-0.51%)