Northern Trust Stock Technical Analysis

NTRS Stock  USD 88.92  1.17  1.33%   
As of the 29th of March, Northern Trust secures the Mean Deviation of 1.05, risk adjusted performance of 0.0501, and Downside Deviation of 1.66. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Trust, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Northern Trust, which can be compared to its peers in the industry. Please verify Northern Trust information ratio and downside variance to decide if Northern Trust is priced some-what accurately, providing market reflects its recent price of 88.92 per share. Given that Northern Trust has jensen alpha of (0.04), we recommend you to check Northern Trust's last-minute market performance to make sure the company can sustain itself at a future point.

Northern Trust Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Northern
  
Northern Trust's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Northern Trust Analyst Consensus

Target PriceAdvice# of Analysts
74.85Buy16Odds
Northern Trust current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northern Trust, talking to its executives and customers, or listening to Northern conference calls.
Northern Analyst Advice Details
Northern Trust technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Northern Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Northern Trust Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Northern Trust Trend Analysis

Use this graph to draw trend lines for Northern Trust. You can use it to identify possible trend reversals for Northern Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Northern Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Northern Trust Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northern Trust applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Northern Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 86.24, which is the sum of squared deviations for the predicted Northern Trust price change compared to its average price change.

About Northern Trust Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northern Trust price pattern first instead of the macroeconomic environment surrounding Northern Trust. By analyzing Northern Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Price Earnings Ratio16.1115.7913.54
Short Term Coverage Ratios2.710.690.54

Northern Trust March 29, 2024 Technical Indicators

Most technical analysis of Northern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Northern Trust March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Northern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Northern Trust is a strong investment it is important to analyze Northern Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Trust's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Northern Stock analysis

When running Northern Trust's price analysis, check to measure Northern Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
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Is Northern Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Trust. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
3
Earnings Share
5.08
Revenue Per Share
32.565
Quarterly Revenue Growth
0.013
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.