Londinia Opportunities Analyses - 04/26/2024 (GMT) NBT BANCORP INC. - 1H

NBT BANCORP INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: NBTB
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 35.70 USD
My targets
36.23 USD (+0.78%)
36.84 USD (+2.48%)
My analysis
The basic bullish trend is very strong on NBT BANCORP INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 35.70 USD. Crossing the first resistance at 36.23 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 36.84 USD as an objective. Crossing it would then enable buyers to target 38.51 USD. Caution, a return to below 35.70 USD would be a sign of a consolidation phase in the short-term basic trend. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3

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Additional analysis

Quotes

The NBT BANCORP INC. price is 35.95 USD. The price registered an increase of +0.59% on the session with the lowest point at 35.50 USD and the highest point at 36.17 USD. The deviation from the price is +1.27% for the low point and -0.61% for the high point.

35.50
36.17
35.95

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NBT BANCORP INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NBT BANCORP INC. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : 1 hour


Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 33.58 35.25 35.70 35.95 36.23 36.84 38.51
Change (%) -6.59% -1.95% -0.70% - +0.78% +2.48% +7.12%
Change -2.37 -0.70 -0.25 - +0.28 +0.89 +2.56
Level Minor Major Minor - Intermediate Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.5034.7935.2735.5636.0436.3336.81
Camarilla35.5335.6035.6735.7435.8135.8835.95
Woodie34.5934.8435.3635.6136.1336.3836.90
Fibonacci34.7935.0935.2735.5635.8636.0436.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.7332.3333.4734.0735.2135.8136.95
Camarilla34.1334.2934.4534.6134.7734.9335.09
Woodie32.0032.4733.7434.2135.4835.9537.22
Fibonacci32.3333.0033.4134.0734.7435.1535.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.9831.3934.0335.4438.0839.4942.13
Camarilla35.5735.9436.3136.6837.0537.4237.79
Woodie30.6131.7034.6635.7538.7139.8042.76
Fibonacci31.3932.9333.8935.4436.9837.9439.49

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.84
MACD (12,26,9): 0.2500
Directional Movement: 8.68
AROON (14): 57.15
DEMA (21): 36.00
Parabolic SAR (0,02-0,02-0,2): 35.21
Elder Ray (13): 0.15
Super Trend (3,10): 35.20
Zig ZAG (10): 35.91
VORTEX (21): 0.9900
Stochastique (14,3,5): 85.62
TEMA (21): 35.95
Williams %R (14): -24.07
Chande Momentum Oscillator (20): 0.01
Repulse (5,40,3): 0.4100
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 1.42
MA7: 35.18
MA20: 34.89
MA50: 34.73
MA100: 36.57
MAexp7: 35.89
MAexp20: 35.65
MAexp50: 35.17
MAexp100: 34.91
Price / MA7: +2.19%
Price / MA20: +3.04%
Price / MA50: +3.51%
Price / MA100: -1.70%
Price / MAexp7: +0.17%
Price / MAexp20: +0.84%
Price / MAexp50: +2.22%
Price / MAexp100: +2.98%

Quotes : - 15 min delayed data - Actions NASDAQ