NORTHWEST BANCSHARES INC (NWBI) Stock Technical Analysis
NASDAQ:NWBI - US6673401039 - Common Stock
12.64 USD
+0.61 (+5.07%)
12.64 USD
0 (0%)
Taking everything into account, NWBI scores 4 out of 10 in our technical rating. In the last year, NWBI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
76% of all other stocks performed better in the past year than NWBI.
NWBI is one of the lesser performing stocks in the Banks industry. 89% of 393 stocks in the same industry do better.
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.
In the last month NWBI has a been trading in the 11.39 - 12.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NWBI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.71
13.68
5 important support areas can be observed.
- A support zone ranging from 12.40 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.97 to 12.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.57 from a trend line in the daily time frame.
- Support @11.17 from a trend line in the weekly time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 13.18 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 | 24.82 | NEGATIVE | NWBI has a low relative strength, it was outperformed by 75.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NWBI is above the rising 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) | DOWN | NEGATIVE | The current price of NWBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.2 | NEUTRAL | The RSI value for NWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NWBI has a positive trend. |
| Stochastics (14,3) | 80.45 | OVERBOUGHT | The high Stochastics value suggests NWBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for NWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for NWBI 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)
12.64
+0.61 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.07%
1 Week5.16%
2 Weeks9.91%
1 Month0.08%
3 Month3.86%
6 Month0.56%
12 Month-8.41%
2 Year14.91%
3 Year-10.16%
5 Year25.02%
10 Year-1.56%
15 Year17.58%
Volatility
ATR(14)0.25
ATR(20)%2.24%
ATR Inc68.13%
Range Today0.6
ADR(20)0.26
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.82
Mansfield-1.07
10 Day High12.67
10 Day Low11.42
20 Day High12.81
20 Day Low11.39
52 Week High15.42
52 Week Low10.75
CS1 End12.56
CR1 Start13.18
Volume & EV
DER(3)4.33%
DER(5)3.59%
Volume970.60K
Volume Incr-43.71%
Vol(5)781.18K
Vol(50)957.43K