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Downtrend Broken Resist.Archive - 1/10/2025 - 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 the negative week for the Northern Trust Corp. (NTRS). During the week, the NTRS dropped -3.84 points, or -3.72%, and closed at 99.46 on Friday, January 10, 2025. It was the worst weekly loss since September 6, 2024. Weekly volume was -14% 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 (46.43) is broken. A broken support is considered to be a long-term bullish signal. 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 99.13 on January 10, 2025. NTRS lost 12.74 points, or 11.39%, in 6 weeks. Price is near the trend low. Weekly Technical Indicators: [See NTRS weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See NTRS short-term trend chart] A short-term downtrend had started on December 27, 2024 at 105.00 and reached 99.13 on January 10, 2025. NTRS lost 5.87 points, or 5.59%, in 14 days. The price is now at the 5.62% retracement level. Daily Technical Indicators: [See NTRS daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 daily MACD line is below its signal line since November 26, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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