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.
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 resistance zone just above the current price starting at 140.15. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
89.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 129.43 to 132.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.71 to 125.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 140.15 to 140.71. 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 | 83.54 | POSITIVE | NTRS has a high relative strength, it outperformed 83.54% 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) | 67 | NEUTRAL | The RSI value for NTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NTRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.31 | OVERBOUGHT | The high Stochastics value suggests NTRS may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for NTRS suggests low volalility. |
| Average Directional Index/ADX (14) | 31.06 | POSITIVE | The high ADX value value for NTRS 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 |
|---|---|---|---|
| 140.72 | 137.43 | 3.29 (2.34%) | 25.00% |
| An entry @140.72. This is a Buy Stop order right above the resistance zone. | An exit @137.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.29 points, which is 2.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of NTRS. 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.
140.14
-0.56 (-0.4%)
NORTHERN TRUST CORP / NTRS FAQ
What is the ChartMill technical rating of NORTHERN TRUST CORP (NTRS) stock?
ChartMill assigns a technical rating of 10 / 10 to NTRS.
What is the current trend direction of NORTHERN TRUST CORP (NTRS) stock?
The current trend direction for NORTHERN TRUST CORP (NTRS) is Bullish.
What is the RSI signal for NORTHERN TRUST CORP (NTRS) stock?
NORTHERN TRUST CORP (NTRS) has an RSI value of 66.998. This indicates that the stock is currently neutral.
What is the MACD signal for NORTHERN TRUST CORP (NTRS) stock?
The MACD indicator for NORTHERN TRUST CORP (NTRS) has a value of 0.180467, indicating a bearish trend.
What is the buy/sell signal for NORTHERN TRUST CORP (NTRS) stock?
The buy/sell signal for NORTHERN TRUST CORP (NTRS) is buy as both the short term and long term trends are positive.