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. Both in the recent history as in the last year, NTRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NTRS did better than 91% of all other stocks. On top of that, NTRS also shows a nice and consistent pattern of rising prices.
NTRS is one of the better performing stocks in the Capital Markets industry, it outperforms 89% of 232 stocks in the same industry.
A new 52 week high is currently being made by NTRS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NTRS has a been trading in the 104.99 - 124.52 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.
NTRS has an average volume of 1973830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NTRS has an excellent technical rating, it does not offer a high 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
88.71
125.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 111.90 to 112.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 104.42 to 107.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.61 from a trend line in the weekly 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 | 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 | 91.47 | POSITIVE | NTRS has a high relative strength, it outperformed 91.47% 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) | 74.45 | OVERBOUGHT | The high RSI value suggests NTRS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.32 | POSITIVE | The MACD value suggests NTRS has a positive trend. |
| Stochastics (14,3) | 96.82 | OVERBOUGHT | The high Stochastics value suggests NTRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NTRS suggests some volalility. |
| Average Directional Index/ADX (14) | 49.5 | 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)
124.41
+1.44 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.17%
1 Week11.23%
2 Weeks14.07%
1 Month15.92%
3 Month28.06%
6 Month19.82%
12 Month48.14%
2 Year67.8%
3 Year28.95%
5 Year56.81%
10 Year62.71%
15 Year166.4%
Volatility
ATR(14)3.42
ATR(20)%2.34%
ATR Inc-24.52%
Range Today2.75
ADR(20)2.52
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.47
Mansfield1.72
10 Day High124.52
10 Day Low107.09
20 Day High124.52
20 Day Low104.99
52 Week High124.52
52 Week Low80.81
CS1 End112.72
CR1 StartN/A
Volume & EV
DER(3)2.87%
DER(5)2.52%
Volume2.36M
Volume Incr230.52%
Vol(5)5.82M
Vol(50)1.97M