NORTHERN TRUST CORP (NTRS) Stock Technical Analysis
NASDAQ:NTRS - Nasdaq - US6658591044 - Common Stock - Currency: USD
Taking everything into account, NTRS 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, NTRS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NTRS is one of the better performing stocks in the market, outperforming 83% of all stocks.
NTRS is one of the better performing stocks in the Capital Markets industry, it outperforms 83% of 232 stocks in the same industry.
NTRS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NTRS is performing more or less in line with the market.
NTRS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NTRS has an average volume of 1541790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NTRS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 106.94, a Stop Loss order could be placed below this zone.
More info and screens
85.79
114.95
3 important support areas can be observed.
- A support zone ranging from 105.34 to 106.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.71 from a trend line in the weekly time frame.
- Support @86.66 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @111.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 113.51 to 113.81. 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 NTRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTRS is up. |
| ChartMill Relative Strength | 83.45 | POSITIVE | NTRS has a high relative strength, it outperformed 83.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.44 | NEUTRAL | The RSI value for NTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests NTRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.4 | NEUTRAL | The Stochastics value for NTRS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for NTRS suggests low volalility. |
| Average Directional Index/ADX (14) | 32.32 | POSITIVE | The high ADX value value for NTRS 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)
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 |
|---|---|---|---|
| 111.17 | 105.33 | 5.84 (5.25%) | 19.04% |
| An entry @111.17. This is a Buy Stop order right above the resistance zone. | An exit @105.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.84 points, which is 5.25%. | When investing 19.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
107.91
+1.44 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.35%
1 Week1.1%
2 Weeks1.42%
1 Month7.46%
3 Month3.44%
6 Month-0.01%
12 Month31.13%
2 Year45.55%
3 Year11.85%
5 Year36.01%
10 Year41.13%
15 Year131.07%
Volatility
ATR(14)2.05
ATR(20)%1.95%
ATR Inc-26.61%
Range Today1.16
ADR(20)1.88
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.45
Mansfield0.57
10 Day High109.03
10 Day Low104.09
20 Day High109.03
20 Day Low100.01
52 Week High114.67
52 Week Low79.68
CS1 End106.94
CR1 Start111.16
Volume & EV
DER(3)-1.32%
DER(5)-1.56%
Volume1.20M
Volume Incr-26.72%
Vol(5)1.17M
Vol(50)1.54M