Overall NWBI gets a technical rating of 2 out of 10. NWBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 72% of all other stocks performed better in the past year than NWBI.
- NWBI is part of the Banks industry. There are 383 other stocks in this industry, of which 87% are performing better than NWBI.
- In the last month NWBI has a been trading in the 11.84 - 12.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- NWBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWBI is lagging the market.
NWBI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.25, a Stop Loss order could be placed below this zone.
More info and screens
10.71
We found 3 important support areas.
- A support zone ranging from 11.98 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.50 to 11.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.82 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @12.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.54 to 12.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.50 to 13.54. 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 | NEUTRAL | NEUTRAL | The long term trend for NWBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NWBI is neutral. |
| ChartMill Relative Strength | 28.99 | NEGATIVE | NWBI has a low relative strength, it was outperformed by 71.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NWBI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NWBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NWBI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.39 | NEUTRAL | The RSI value for NWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NWBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.14 | NEUTRAL | The Stochastics value for NWBI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for NWBI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for NWBI suggests a weak or negative trend. |
12.28
-0.1 (-0.81%)
NORTHWEST BANCSHARES INC / NWBI FAQ
What is the ChartMill technical rating of NORTHWEST BANCSHARES INC (NWBI) stock?
ChartMill assigns a technical rating of 2 / 10 to NWBI.
Can you provide the trend direction for NORTHWEST BANCSHARES INC?
The current trend direction for NORTHWEST BANCSHARES INC (NWBI) is Bearish.
What is the RSI signal for NWBI stock?
NORTHWEST BANCSHARES INC (NWBI) has an RSI value of 51.385. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORTHWEST BANCSHARES INC?
The MACD indicator for NORTHWEST BANCSHARES INC (NWBI) has a value of -0.00016896, indicating a bearish trend.
What is the support and resistance level for NWBI stock?
NORTHWEST BANCSHARES INC (NWBI) has a support level at 12.25 and a resistance level at 12.31. Check the full technical report for our detailed analysis of NWBI support and resistance levels.