BANK OF N.T. BUTTERFIELD&SON (NTB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NTB - BMG0772R2087 - Common Stock
Taking everything into account, NTB 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, NTB is showing a nice and steady performance.
NTB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.69, 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
38.06
When analyzing the support we can see 5 important areas.
- A support zone ranging from 49.69 to 49.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.06 from a trend line in the weekly time frame.
- Support @43.36 from a trend line in the daily time frame.
- Support @41.93 from a horizontal line in the daily time frame.
- Support @38.44 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.31 to 51.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 87.72 | POSITIVE | NTB has a high relative strength, it outperformed 87.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTB is below 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) | 55.38 | NEUTRAL | The RSI value for NTB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests NTB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.21 | NEUTRAL | The Stochastics value for NTB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for NTB suggests low volalility. |
| Average Directional Index/ADX (14) | 40.59 | 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 |
|---|---|---|---|
| 50.32 | 49.68 | 0.64 (1.28%) | 25.00% |
| An entry @50.32. This is a Buy Stop order right above the 10 day moving average. | An exit @49.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.64 points, which is 1.28%. | For a 0.32% 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 NTB. 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.
49.96
-0.38 (-0.75%)
BANK OF N.T. BUTTERFIELD&SON / NTB FAQ
What is the technical rating for NTB stock?
ChartMill assigns a technical rating of 10 / 10 to NTB.
Can you provide the trend direction for BANK OF N.T. BUTTERFIELD&SON?
The current trend direction for BANK OF N.T. BUTTERFIELD&SON (NTB) is Bullish.
What is the RSI signal for BANK OF N.T. BUTTERFIELD&SON (NTB) stock?
BANK OF N.T. BUTTERFIELD&SON (NTB) has an RSI value of 55.3788. This indicates that the stock is currently neutral.
What is the short term momentum for NTB stock?
The short term momentum for BANK OF N.T. BUTTERFIELD&SON (NTB) is positive.
Can you provide the support and resistance levels for BANK OF N.T. BUTTERFIELD&SON?
BANK OF N.T. BUTTERFIELD&SON (NTB) has a support level at 49.69 and a resistance level at 50.31. Check the full technical report for our detailed analysis of NTB support and resistance levels.