RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NTIC
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Northern Technologies International Corp stock upgraded to Hold/Accumulate.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Northern Technologies International Corp stock price fell by -0.741% on the last day (Wednesday, 27th Mar 2024) from $13.50 to $13.40. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.31% from a day low at $13.40 to a day high of $13.71. The price has fallen in 8 of the last 10 days and is down by -5.03% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 thousand shares and in total, 4 thousand shares were bought and sold for approximately $51.63 thousand.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $13.36 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.76% during the next 3 months and, with a 90% probability hold a price between $15.73 and $18.09 at the end of this 3-month period.

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NTIC Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, February 29, 2024, and so far it has risen 6.01%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Northern Technologies International Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $13.63 and $13.73. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Northern Technologies International Corp stock

Northern Technologies International Corp finds support from accumulated volume at $13.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.310 between high and low, or 2.31%. For the last week the stock has had daily average volatility of 3.42%.

Our recommended stop-loss: $12.57 (-6.16%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (NTIC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Northern Technologies International Corporation to open at $13.50, and during the day (based on 14 day Average True Range), to move between $12.85 and $13.95, which gives a possible trading interval of +/-$0.548 (+/-4.09%) up or down from last closing price. If Northern Technologies International Corporation takes out the full calculated possible swing range there will be an estimated 8.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $13.20 (1.49%) than the resistance at $13.67 (2.01%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Northern Technologies International Corporation stock A Buy?

Northern Technologies International Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.918 Hold/Accumulate Upgraded

Predicted Opening Price for Northern Technologies International Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$13.50 ( 0.771%) $13.40

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NTIC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.81 3.08 %
R2 13.69 2.20 %
R1 13.62 1.65 %
Current price: 13.40
Support S1 13.38 -0.113 %
S2 13.31 -0.659 %
S3 13.19 -1.54 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.56 8.66 %
R2 14.11 5.30 %
R1 13.67 2.01 %
Current price 13.40
Support S1 13.20 -1.49%
S2 13.02 -2.84%
S3 11.63 -13.21%

NTIC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Jan 30, 2024 Feb 14, 2024 $0.0700 0.512%
2 Oct 18, 2023 Oct 31, 2023 Nov 15, 2023 $0.0700 0.580%
3 Jul 17, 2023 Aug 01, 2023 Aug 16, 2023 $0.0700 0.545%
4 Apr 21, 2023 May 02, 2023 May 17, 2023 $0.0700 0.619%
5 Jan 20, 2023 Jan 31, 2023 Feb 15, 2023 $0.0700 0.541%

FAQ

What is the symbol for Northern Technologies International Corporation Stock and on which exchange is it traded?
The symbol for Northern Technologies International Corporation is NTIC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Northern Technologies International Corporation Stock?
Northern Technologies International Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Northern Technologies International Corporation Stock?
Northern Technologies International Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Northern Technologies International Corporation Stock.

What's the current price of Northern Technologies International Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Northern Technologies International Corporation (NTIC) share was $13.40.

What is the 52-week high and low for Northern Technologies International Corporation Stock?
The 52-week high for Northern Technologies International Corporation Stock is $14.97 and the 52-week low is $10.08.

What is the market capitalization of Northern Technologies International Corporation Stock?
As of the 2024-03-27, the market capitalization of Northern Technologies International Corporation is 126.33M.

When is the next earnings date for Northern Technologies International Corporation?
The upcoming earnings date for Northern Technologies International Corporation is Apr 11, 2024.
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About Northern Technologies International Corporation

Northern Technologies International Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also... NTIC Profile

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