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Archive - 1/17/2025 - Sign In to see current Signals. |
Northern Trust Corp. (NTRS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Northern Trust Corp. (NTRS). During the week, the NTRS gained 7.44 points, or 7.48%, and closed at 106.90 on Friday, January 17, 2025. Weekly volume was -9% below average. NTRS is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See NTRS long-term trend chart] A long-term downtrend had started on January 13, 2022 at 135.15 and reached 62.44 on October 25, 2023. NTRS lost 72.71 points, or 53.80%, in 92 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (46.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. NTRS may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See NTRS medium-term trend chart] A medium-term downtrend had started on November 29, 2024 at 111.87 and reached 98.40 on January 13, 2025. NTRS lost 13.47 points, or 12.04%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (98.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. NTRS may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See NTRS weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since January 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See NTRS short-term trend chart] A short-term uptrend had started on January 13, 2025 at 98.40 and reached 107.40 on January 17, 2025. NTRS gained -9.00 points, or -9.15%, in 4 days. The price is now at the 5.56% retracement level. Daily Technical Indicators: [See NTRS daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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