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 NWBI
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Northwest Bancshares stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Northwest Bancshares stock price gained 3.41% on the last trading day (Wednesday, 27th Mar 2024), rising from $11.16 to $11.54. During the last trading day the stock fluctuated 2.85% from a day low at $11.22 to a day high of $11.54. The price has been going up and down for this period, and there has been a 3.13% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 221 thousand more shares were traded than the day before. In total, 582 thousand shares were bought and sold for approximately $6.72 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.91% during the next 3 months and, with a 90% probability hold a price between $9.41 and $10.48 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NWBI Signals & Forecast

The Northwest Bancshares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $11.23 and $11.48. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 5.68%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Northwest Bancshares stock

Northwest Bancshares finds support from accumulated volume at $11.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.320 (2.85%) between high and low. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: $10.99 (-4.77%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Northwest Bancshares to open at $11.43, and during the day (based on 14 day Average True Range), to move between $11.26 and $11.82, which gives a possible trading interval of +/-$0.276 (+/-2.39%) up or down from last closing price. If Northwest Bancshares takes out the full calculated possible swing range there will be an estimated 4.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $11.50 (0.35%) than the resistance at $11.59 (0.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Northwest Bancshares stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.359 Buy Candidate Upgraded

Predicted Opening Price for Northwest Bancshares of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$11.43 ( 0.92%) $11.54

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

Trading levels for NWBI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.75 1.85 %
R2 11.63 0.789 %
R1 11.56 0.135 %
Current price: 11.54
Support S1 11.31 -1.98 %
S2 11.24 -2.64 %
S3 11.11 -3.70 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 12.37 7.19 %
R2 11.69 1.30 %
R1 11.59 0.433 %
Current price 11.54
Support S1 11.50 -0.347%
S2 11.19 -3.03%
S3 11.08 -3.99%

NWBI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 18, 2024 Feb 01, 2024 Feb 14, 2024 $0.200 1.70%
2 Oct 23, 2023 Nov 01, 2023 Nov 14, 2023 $0.200 1.76%
3 Jul 19, 2023 Aug 02, 2023 Aug 14, 2023 $0.200 1.69%
4 Apr 19, 2023 May 03, 2023 May 15, 2023 $0.200 1.88%
5 Jan 23, 2023 Feb 01, 2023 Feb 14, 2023 $0.200 1.42%

FAQ

What is the symbol for Northwest Bancshares Stock and on which exchange is it traded?
The symbol for Northwest Bancshares is NWBI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Northwest Bancshares Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Northwest Bancshares Stock?
As of the end of day on the 2024-03-27, the price of an Northwest Bancshares (NWBI) share was $11.54.

What is the 52-week high and low for Northwest Bancshares Stock?
The 52-week high for Northwest Bancshares Stock is $13.07 and the 52-week low is $9.80.

What is the market capitalization of Northwest Bancshares Stock?
As of the 2024-03-27, the market capitalization of Northwest Bancshares is 1.467B.

When is the next earnings date for Northwest Bancshares?
The upcoming earnings date for Northwest Bancshares is Apr 22, 2024.
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About Northwest Bancshares

Northwest Bancshares Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans and loans collateralized by multi-family residential ... NWBI Profile

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