NORTHERN TRUST CORP. - 1H - Technical analysis published on 09/12/2024 (GMT)
- 136
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 84.94 USD and 88.68 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 84.94 USD. The first resistance is located at 88.68 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NORTHERN TRUST CORP. rating 87.21 USD. The price is lower by -0.02% since the last closing and was traded between 86.21 USD and 88.12 USD over the period. The price is currently at +1.16% from its lowest and -1.03% from its highest.86.21
88.12
87.21
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NORTHERN TRUST CORP. indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 80.13 | 81.73 | 84.94 | 87.21 | 87.42 | 88.68 | 90.00 |
| Change (%) | -8.12% | -6.28% | -2.60% | - | +0.24% | +1.69% | +3.20% |
| Change | -7.08 | -5.48 | -2.27 | - | +0.21 | +1.47 | +2.79 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.15 | 84.89 | 86.06 | 86.80 | 87.97 | 88.71 | 89.88 |
| Camarilla | 86.71 | 86.88 | 87.06 | 87.23 | 87.41 | 87.58 | 87.76 |
| Woodie | 84.37 | 85.00 | 86.28 | 86.91 | 88.19 | 88.82 | 90.10 |
| Fibonacci | 84.89 | 85.62 | 86.07 | 86.80 | 87.53 | 87.98 | 88.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.78 | 83.49 | 85.08 | 87.79 | 89.38 | 92.09 | 93.68 |
| Camarilla | 85.48 | 85.87 | 86.27 | 86.66 | 87.05 | 87.45 | 87.84 |
| Woodie | 80.21 | 83.21 | 84.51 | 87.51 | 88.81 | 91.81 | 93.11 |
| Fibonacci | 83.49 | 85.14 | 86.15 | 87.79 | 89.44 | 90.45 | 92.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.05 | 76.59 | 83.52 | 87.06 | 93.99 | 97.53 | 104.46 |
| Camarilla | 87.57 | 88.53 | 89.49 | 90.45 | 91.41 | 92.37 | 93.33 |
| Woodie | 74.75 | 77.44 | 85.22 | 87.91 | 95.69 | 98.38 | 106.16 |
| Fibonacci | 76.59 | 80.59 | 83.06 | 87.06 | 91.06 | 93.53 | 97.53 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.04 | |
| MACD (12,26,9): | -0.2200 | |
| Directional Movement: | 2.53 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 86.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 88.02 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 88.47 | |
| Zig ZAG (10): | 87.18 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 50.27 | |
| TEMA (21): | 86.73 | |
| Williams %R (14): | -39.56 | |
| Chande Momentum Oscillator (20): | 1.14 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.94 |
| MA7: | 87.84 | |
| MA20: | 87.58 | |
| MA50: | 86.15 | |
| MA100: | 84.30 | |
| MAexp7: | 86.91 | |
| MAexp20: | 87.00 | |
| MAexp50: | 87.45 | |
| MAexp100: | 87.48 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | +1.23% | |
| Price / MA100: | +3.45% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.31% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on NORTHERN TRUST CORP.. At the time of publication of this analysis, the latest news was as follows:
- Northern Trust Grows UK Pension Assets Under Custody by More Than US$72 Billion in 2019
- Northern Trust Asset Management Launches Sustainable Quantitative Solutions
- Northern Trust Selected by Storebrand as Asset Servicing Provider for Cross-Border Distribution Through New Luxembourg Fund Range
- Northern Trust Enhances Collateral Management Services to Help Clients Optimize Performance and Meet Margin Obligations
- Northern Trust Bolsters Institutional Sales and Product Management Teams
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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