Overall NWBI gets a technical rating of 6 out of 10. NWBI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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
We found 4 important support areas.
- A support zone ranging from 12.53 to 12.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.91 to 12.26. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.76 to 12.85. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for NWBI is up. |
| ChartMill Relative Strength | 34.4 | NEUTRAL | NWBI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of NWBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.52 | NEUTRAL | The RSI value for NWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NWBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.11 | OVERBOUGHT | The high Stochastics value suggests NWBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for NWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for NWBI suggests a possible start of a new trend. |
12.71
-0.07 (-0.55%)
NORTHWEST BANCSHARES INC / NWBI FAQ
What is the ChartMill technical rating of NORTHWEST BANCSHARES INC (NWBI) stock?
ChartMill assigns a technical rating of 6 / 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 62.5225. 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 0.0787776, 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 12.62 and a resistance level at 12.76. Check the full technical report for our detailed analysis of NWBI support and resistance levels.