Northern Trust Technical Analysis (NASDAQ:NTRS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Northern Trust stock price data and volume are plotted in NTRS stock charts and these trading charts form the basis of technical analysis.
See Northern Trust bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Northern Trust stock analysis.
Northern Trust Moving Average:
NTRS stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Northern Trust chart patterns after the calculations remain the same. The 100 day moving average of 6.86 is below the last closing price of 83.52. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.28 is below the price of $83.52.
Northern Trust Bollinger Bands:
Bollinger bands comprise of a center line usually NTRS SMA, and two NTRS stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Northern Trust bollinger bands show that the stock price is $83.52, upper band is 7.18, lower band is 6.28, and the average is 6.73.
Northern Trust Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Northern Trust MACD line is above the signal line.
Northern Trust Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NTRS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .