NORTHERN TRUST CORP (NTRS) Stock Technical Analysis
USA - NASDAQ:NTRS - US6658591044 - Common Stock
Overall NTRS gets a technical rating of 5 out of 10. In the last year, NTRS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, NTRS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 132.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 129.23, a Stop Loss order could be placed below this zone.
More info and screens
88.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 123.60 to 129.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 132.06 to 134.61. 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 | NEUTRAL | NEUTRAL | The short term trend for NTRS is neutral. |
| ChartMill Relative Strength | 78.61 | POSITIVE | NTRS has a high relative strength, it outperformed 78.61% 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) | DOWN | MIXED | The current price of NTRS is above a declining 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) | 55.55 | NEUTRAL | The RSI value for NTRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests NTRS has a positive trend. |
| Stochastics (14,3) | 81.5 | OVERBOUGHT | The high Stochastics value suggests NTRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for NTRS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for NTRS suggests a weak or negative trend. |
129.96
+1.66 (+1.29%)
NORTHERN TRUST CORP / NTRS FAQ
What is the ChartMill technical rating of NORTHERN TRUST CORP (NTRS) stock?
ChartMill assigns a technical rating of 5 / 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 55.5516. 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 0.380151, indicating a bearish trend.