NORTHERN TRUST CORP.
NORTHERN TRUST CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NTRS
ISIN:

NORTHERN TRUST CORP. - 1H - Technical analysis published on 11/13/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 103.43 USD
My targets
108.78 USD (+1.74%)
113.65 USD (+6.29%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 103.43 USD remains possible. It is advisable to trade NORTHERN TRUST CORP. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 103.43 USD. The next bullish objective for buyers is set at 108.78 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 113.65 USD. If there is any crossing, the next objective would be the resistance located at 121.71 USD. PS: if there is a bearish break in the support located at 103.43 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NORTHERN TRUST CORP. price is 106.92 USD. The price registered a decrease of -0.03% on the session and was between 106.83 USD and 108.46 USD. This implies that the price is at +0.08% from its lowest and at -1.42% from its highest.

106.83
108.46
106.92

Here is a more detailed summary of the historical variations registered by NORTHERN TRUST CORP.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 94.22 99.07 103.43 106.92 108.78 113.65 121.71
Change (%) -11.88% -7.34% -3.26% - +1.74% +6.29% +13.83%
Change -12.70 -7.85 -3.49 - +1.86 +6.73 +14.79
Level Major Minor Major - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard104.85105.52106.23106.90107.61108.28108.99
Camarilla106.57106.70106.82106.95107.08107.20107.33
Woodie104.88105.53106.26106.91107.64108.29109.02
Fibonacci105.52106.04106.37106.90107.42107.75108.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard90.5394.8099.99104.26109.45113.72118.91
Camarilla102.58103.45104.31105.18106.05106.91107.78
Woodie90.9995.03100.45104.49109.91113.95119.37
Fibonacci94.8098.41100.65104.26107.87110.11113.72


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard74.1680.9390.7297.49107.28114.05123.84
Camarilla95.9797.4899.00100.52102.04103.56105.07
Woodie75.6881.6992.2498.25108.80114.81125.36
Fibonacci80.9387.2591.1697.49103.81107.72114.05

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 54.26
MACD (12,26,9): 0.6300
Directional Movement: 2.69
AROON (14): 64.28
DEMA (21): 108.02
Parabolic SAR (0,02-0,02-0,2): 106.67
Elder Ray (13): -0.14
Super Trend (3,10): 106.18
Zig ZAG (10): 107.20
VORTEX (21): 1.0400
Stochastique (14,3,5): 59.72
TEMA (21): 107.87
Williams %R (14): -55.26
Chande Momentum Oscillator (20): -0.24
Repulse (5,40,3): -0.6900
ROCnROLL: -1
TRIX (15,9): 0.1000
Courbe Coppock: 1.36
MA7: 105.60
MA20: 101.77
MA50: 94.93
MA100: 90.23
MAexp7: 107.56
MAexp20: 107.11
MAexp50: 105.63
MAexp100: 103.46
Price / MA7: +1.25%
Price / MA20: +5.06%
Price / MA50: +12.63%
Price / MA100: +18.50%
Price / MAexp7: -0.60%
Price / MAexp20: -0.18%
Price / MAexp50: +1.22%
Price / MAexp100: +3.34%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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