NORTHWEST BANCSHARES INC (NWBI) Stock Technical Analysis
NASDAQ:NWBI - Nasdaq - US6673401039 - Common Stock - Currency: USD
Overall NWBI gets a technical rating of 2 out of 10. NWBI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NWBI is one of the lesser performing stocks in the Banks industry. 71% of 405 stocks in the same industry do better.
In the last month NWBI has a been trading in the 12.36 - 13.47 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, NWBI outperforms 46% of them, which is more or less in line with the market.
NWBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NWBI is lagging the market.
Although the technical rating is bad, NWBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.69, a Stop Loss order could be placed below this zone.
More info and screens
11.44
13.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.55 to 12.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.56 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.25 to 13.45. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS46.23
Mansfield-0.45
10 Day High13.4
10 Day Low12.36
20 Day High13.47
20 Day Low12.36
52 Week High15.42
52 Week Low10.45
Performance
1 Week0.46%
2 Weeks2.25%
1 Month-0.98%
3 Month0.92%
6 Month-7.5%
12 Month1.7%
2 Year-6.72%
3 Year-6.52%
5 Year-16.12%
10 Year11.78%
15 Year12.64%
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)0.07
RSI(14)46.25
LBB12.65
UBB13.42
NORTHWEST BANCSHARES INC
NASDAQ:NWBI (1/24/2025, 8:00:02 PM)
After market: 13.19 0 (0%)13.19
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.08%
1 Week0.46%
2 Weeks2.25%
1 Month-0.98%
3 Month0.92%
6 Month-7.5%
12 Month1.7%
2 Year-6.72%
3 Year-6.52%
5 Year-16.12%
10 Year11.78%
15 Year12.64%
Volatility
ATR(14)0.31
ATR(20)%2.19%
ATR Inc-7.59%
Range Today0.36
ADR(20)0.27
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.23
Mansfield-0.45
10 Day High13.4
10 Day Low12.36
20 Day High13.47
20 Day Low12.36
52 Week High15.42
52 Week Low10.45
CS1 End12.69
CR1 Start13.25
Volume & EV
DER(3)-1.54%
DER(5)-3.15%
Volume761.40K
Volume Incr-4.52%
Vol(5)683.38K
Vol(50)640.89K