NORTHRIM BANCORP INC (NRIM) Stock Technical Analysis
NASDAQ:NRIM - Nasdaq - US6667621097 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to NRIM. In the last year, NRIM was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, NRIM did better than 89% of all other stocks. We also observe that the gains produced by NRIM over the past year are nicely spread over this period.
NRIM is one of the better performing stocks in the Banks industry, it outperforms 91% of 405 stocks in the same industry.
NRIM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NRIM is lagging the market slightly.
In the last month NRIM has a been trading in the 77.93 - 91.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NRIM has an excellent technical rating, it does not present a decent entry opportunity 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
54.43
91.45
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.25 to 76.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 71.46 to 72.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.31 from a horizontal line in the daily time frame.
- Support @54.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 89.53 to 90.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.38
Mansfield1.57
10 Day High90.89
10 Day Low80.33
20 Day High91.46
20 Day Low77.93
52 Week High91.72
52 Week Low43.92
Performance
1 Week-7.48%
2 Weeks-10.3%
1 Month3.06%
3 Month-8.24%
6 Month19.74%
12 Month63.4%
2 Year54.66%
3 Year81.31%
5 Year132.36%
10 Year243.38%
15 Year410.43%
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)
Technical Indicators
MACD(12,26,9)-0.83
RSI(14)43.02
LBB81.51
UBB92.05
81.21
-2.48 (-2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.96%
1 Week-7.48%
2 Weeks-10.3%
1 Month3.06%
3 Month-8.24%
6 Month19.74%
12 Month63.4%
2 Year54.66%
3 Year81.31%
5 Year132.36%
10 Year243.38%
15 Year410.43%
Volatility
ATR(14)3.05
ATR(20)%3.62%
ATR Inc20.78%
Range Today4.15
ADR(20)2.88
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.38
Mansfield1.57
10 Day High90.89
10 Day Low80.33
20 Day High91.46
20 Day Low77.93
52 Week High91.72
52 Week Low43.92
CS1 End76.4
CR1 Start89.53
Volume & EV
DER(3)-1.05%
DER(5)-2.77%
Volume23.50K
Volume Incr-1.75%
Vol(5)52.30K
Vol(50)55.07K