NORTHWEST BANCSHARES INC (NWBI) Stock Technical Analysis
USA - NASDAQ:NWBI - US6673401039 - Common Stock
We assign a technical rating of 0 out of 10 to NWBI. 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.
NWBI has a poor technical rating and the quality of the setup is also 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
We found 2 important support areas.
- 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 found 1 important resistance area.
- A resistance zone ranging from 12.16 to 12.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for NWBI is down. |
| ChartMill Relative Strength | 22.43 | NEGATIVE | NWBI has a low relative strength, it was outperformed by 77.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWBI is below a declining 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) | 38.39 | NEUTRAL | The RSI value for NWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NWBI has a negative trend. |
| Stochastics (14,3) | 11.54 | OVERSOLD | The low Stochastics value suggests NWBI may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for NWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for NWBI suggests a weak or negative trend. |
11.71
-0.07 (-0.59%)
NORTHWEST BANCSHARES INC / NWBI FAQ
What is the ChartMill technical rating of NORTHWEST BANCSHARES INC (NWBI) stock?
ChartMill assigns a technical rating of 0 / 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 38.3931. 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 -0.0657976, 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 11.5 and a resistance level at 12.16. Check the full technical report for our detailed analysis of NWBI support and resistance levels.