Taking everything into account, NWBI scores 4 out of 10 in our technical rating. NWBI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
NWBI has an average technical rating and also the quality of the setup is only medium 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
10.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.93 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.50 from a horizontal line in the daily 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 can see 2 important resistance areas.
- A resistance zone ranging from 12.44 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 29.03 | NEGATIVE | NWBI has a low relative strength, it was outperformed by 70.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NWBI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NWBI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NWBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.1 | NEUTRAL | The RSI value for NWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NWBI has a negative trend. |
| Stochastics (14,3) | 30.3 | NEUTRAL | The Stochastics value for NWBI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for NWBI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for NWBI suggests a weak or negative trend. |
12.29
-0.06 (-0.49%)
NORTHWEST BANCSHARES INC / NWBI FAQ
What is the ChartMill technical rating of NORTHWEST BANCSHARES INC (NWBI) stock?
ChartMill assigns a technical rating of 4 / 10 to NWBI.
What is the current trend direction of NORTHWEST BANCSHARES INC (NWBI) stock?
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 48.096. This indicates that the stock is currently neutral.
What is the MACD signal for NORTHWEST BANCSHARES INC (NWBI) stock?
The MACD indicator for NORTHWEST BANCSHARES INC (NWBI) has a value of -0.0377815, indicating a bearish trend.
Can you provide the support and resistance levels for NORTHWEST BANCSHARES INC?
NORTHWEST BANCSHARES INC (NWBI) has a support level at 12.25 and a resistance level at 12.44. Check the full technical report for our detailed analysis of NWBI support and resistance levels.