We assign a technical rating of 10 out of 10 to NRIM. Both in the recent history as in the last year, NRIM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NRIM has an excellent technical rating, it 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.
18.35
7 important support areas can be observed.
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 NRIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRIM is up. |
| ChartMill Relative Strength | 86.97 | POSITIVE | NRIM has a high relative strength, it outperformed 86.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.99 | OVERBOUGHT | The high RSI value suggests NRIM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NRIM has a positive trend. |
| Stochastics (14,3) | 95.8 | OVERBOUGHT | The high Stochastics value suggests NRIM may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NRIM suggests some volalility. |
| Average Directional Index/ADX (14) | 47.46 | POSITIVE | The high ADX value value for NRIM suggests a strong trend. |
27.64
+0.36 (+1.32%)
ChartMill assigns a technical rating of 10 / 10 to NRIM.
The current trend direction for NORTHRIM BANCORP INC (NRIM) is Bullish.
NORTHRIM BANCORP INC (NRIM) has an RSI value of 73.9883. This indicates that the stock is currently overbought.
The short term momentum for NORTHRIM BANCORP INC (NRIM) is positive.
NORTHRIM BANCORP INC (NRIM) has a support level at 25.05. Check the full technical report for our detailed analysis of NRIM support and resistance levels.