Stronger Sell Today NTB ranks #4057 as SELL CANDIDATE #4057 Weaker Sell

NTB stock forecast Bank of N.T. Butterfield & Son Limited (The) Voting

NTB stock forecast

Friday May 17, 2019 Change -3.97% Price $37.25
Chart period: 2019-02-19 - 2019-05-17
VOLUME
Buy
TREND
Hold
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will NTB stock price go up or down on Mon, 20 May 2019?

Predict

Bank of N.T. Butterfield & Son Limited (The) Voting Forecast and Stock Analysis

Technical NTB stock analysis for Friday May 17, 2019.

Sell candidate since 2019-05-17
Shorts 1.89% ( 2019-04-15 )
Insider % n/a
Institutional % n/a
Beta 1.29
ROA 1.79%
Price to book USD 2.28
P/E Ratio 10.04
Next Earnings Date 2019-07-29


Bank of N.T. Butterfield & Son Limited (The) Voting fell by -3.97% in the last day ( Friday, 17th May 2019 ) from $38.79 to $37.25 During day the stock fluctuated 3.61% from a day low at $37.11 to a day high of $38.45. The price has fallen in 6 of the last 10 days and is down by -7.96% for this period. Volume has increased in the last day by 69 228 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 216 033 shares bought and sold for approximately $8.05 million.

Quick summary:

  • 30 day high of the NTB stock price was $40.65 and low was $36.39.
  • 90 day high was $41.84 and low was $33.08.
  • 52 week high for the Bank of N.T. Butterfield & Son Limited (The) Voting - $53.63 and low - $29.43.

Trend

Given the current horizontal trend you can expect Bank of N.T. Butterfield & Son Limited (The) Voting with 90% probability to be traded between $33.47 and $41.44 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Bank of N.T. Butterfield & Son Limited (The) Voting holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $38.56 and $38.02. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday May 03, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 29 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Bank of N.T. Butterfield & Son Limited (The) Voting finds support from accumulated volume at $36.75.

Support: $36.75 Price: $37.25 Resistance: $39.64

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.34 (3.61%) between high and low. For the last week, the stock has had a daily average volatility of 2.37%.

Bank of N.T. Butterfield & Son Limited (The) Voting is oversold on RSI14 (29). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

2.37 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Bank of N.T. Butterfield & Son Limited (The) Voting holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today NTB ranks #4057 as SELL CANDIDATE #4057 Weaker Sell
NTB $37.25 ($-1.54 -3.97%)
NTB is down $1.54 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for NTB based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the NTB analysis is free »

Will NTB stock price go up or down
on Mon, 20 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank