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 01/22/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

22%

28%

My opinion

Bearish under 82.27 USD

My targets

79.77 USD (-1.55%)

73.80 USD (-8.92%)

My analysis

The bearish trend is currently very strong for NORTHERN TRUST CORP.. As long as the price remains below the resistance at 82.27 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 79.77 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 73.80 USD as an objective. Crossing it would then enable sellers to target 69.15 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.2

Comment on the analysis

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:

Additional analysis

Quotes

The NORTHERN TRUST CORP. price is 81.03 USD. On the day, this instrument lost -0.14% with the lowest point at 80.55 USD and the highest point at 81.95 USD. The deviation from the price is +0.60% for the low point and -1.12% for the high point.

80.55

81.95

81.03

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NORTHERN TRUST CORP. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73.80	79.77	80.91	81.03	82.27	82.94	85.00
Change (%)	-8.92%	-1.55%	-0.15%	-	+1.53%	+2.36%	+4.90%
Change	-7.23	-1.26	-0.12	-	+1.24	+1.91	+3.97
Level	Major	Major	Minor	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.72	79.43	80.29	81.00	81.86	82.57	83.43
Camarilla	80.71	80.85	81.00	81.14	81.28	81.43	81.57
Woodie	78.79	79.47	80.36	81.04	81.93	82.61	83.50
Fibonacci	79.43	80.03	80.40	81.00	81.60	81.97	82.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	73.78	76.79	78.97	81.98	84.16	87.17	89.35
Camarilla	79.71	80.19	80.66	81.14	81.62	82.09	82.57
Woodie	73.36	76.58	78.55	81.77	83.74	86.96	88.93
Fibonacci	76.79	78.78	80.00	81.98	83.97	85.19	87.17

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.28	74.11	79.25	83.08	88.22	92.05	97.19
Camarilla	81.91	82.74	83.56	84.38	85.20	86.03	86.85
Woodie	70.93	74.44	79.90	83.41	88.87	92.38	97.84
Fibonacci	74.11	77.54	79.66	83.08	86.51	88.63	92.05

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):	43.29
MACD (12,26,9):	-0.4700
Directional Movement:	-7.30
AROON (14):	78.57
DEMA (21):	80.63
Parabolic SAR (0,02-0,02-0,2):	83.80
Elder Ray (13):	-0.20
Super Trend (3,10):	83.16
Zig ZAG (10):	80.98
VORTEX (21):	0.9000
Stochastique (14,3,5):	50.14
TEMA (21):	80.64
Williams %R (14):	-40.72
Chande Momentum Oscillator (20):	0.42
Repulse (5,40,3):	0.0600
ROCnROLL:	-1
TRIX (15,9):	-0.1000
Courbe Coppock:	1.49

MA7:	82.37
MA20:	83.41
MA50:	80.01
MA100:	74.44
MAexp7:	81.01
MAexp20:	81.31
MAexp50:	82.15
MAexp100:	82.69
Price / MA7:	-1.63%
Price / MA20:	-2.85%
Price / MA50:	+1.27%
Price / MA100:	+8.85%
Price / MAexp7:	+0.02%
Price / MAexp20:	-0.34%
Price / MAexp50:	-1.36%
Price / MAexp100:	-2.01%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on NORTHERN TRUST CORP. at the time of the generation of this analysis was as follows:

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

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