Technical Analysis for NRIM - Northrim BanCorp Inc

Grade Last Price % Change Price Change
B 50.66 0.56% 0.28
NRIM closed up 0.1 percent on Tuesday, May 7, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.56%
Stochastic Sell Signal Bearish 0.56%
Lizard Bearish Bearish Day Trade Setup 0.56%
Pocket Pivot Bullish Swing Setup 0.56%
Upper Bollinger Band Walk Strength 0.56%
Overbought Stochastic Strength 0.56%
Upper Bollinger Band Touch Strength 0.56%
180 Bullish Setup Bullish Swing Setup 0.66%
NR7 Range Contraction 0.66%
NR7-2 Range Contraction 0.66%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 1 hour ago
Rose Above Previous Day's High about 4 hours ago
Rose Above Upper Bollinger Band about 4 hours ago
Up 2% about 4 hours ago
60 Minute Opening Range Breakout about 5 hours ago

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Profile

Northrim BanCorp Inc Description

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses, professionals, and individuals primarily in Alaska. The company offers deposit products and services, including noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts, as well as certificate of deposits and money market deposit accounts. It also provides commercial, real estate construction, real estate term, home equity lines, asset-based, and other consumer loans, as well as offers investment products. In addition, the company provides other services, such as telebanking, mobile Web and text banking, online statements, check cards, cash back rewards, faxed account statements, Internet banking, automated teller services, personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking with coin service, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, cash management services, and courier agency services, as well as operates as an insurance broker that focuses on the sale and servicing of employee benefit plans. It operates 10 branches, including 7 branches in Anchorage, 1 in Fairbanks, and 1 each in Eagle River and Wasilla. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Deposit Products Commercial Banking Cash Management Cash Management Services Investment Product Banking Products Internet Banking Real Estate Construction Transaction Account Insurance Broker Fax Automated Clearing House Deposit Account Courier Bank Deposits Mobile Web Bank Account Teller Services Offers Investment Products Real Estate Term Savings Account

Is NRIM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.1618
52 Week Low 32.9476
Average Volume 9,797
200-Day Moving Average 46.56
50-Day Moving Average 48.05
20-Day Moving Average 47.24
10-Day Moving Average 48.88
Average True Range 1.57
RSI (14) 60.94
ADX 17.06
+DI 29.19
-DI 14.60
Chandelier Exit (Long, 3 ATRs) 46.65
Chandelier Exit (Short, 3 ATRs) 48.63
Upper Bollinger Bands 50.97
Lower Bollinger Band 43.50
Percent B (%b) 0.92
BandWidth 15.80
MACD Line 0.59
MACD Signal Line 0.09
MACD Histogram 0.4933
Fundamentals Value
Market Cap 277.77 Million
Num Shares 5.51 Million
EPS 4.49
Price-to-Earnings (P/E) Ratio 11.22
Price-to-Sales 2.11
Price-to-Book 1.13
PEG Ratio 0.00
Dividend 2.41
Dividend Yield 4.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.84
Resistance 3 (R3) 52.01 51.68 51.60
Resistance 2 (R2) 51.68 51.31 51.60 51.52
Resistance 1 (R1) 51.03 51.08 50.87 50.87 51.44
Pivot Point 50.71 50.71 50.62 50.62 50.71
Support 1 (S1) 50.06 50.33 49.89 49.89 49.32
Support 2 (S2) 49.73 50.10 49.65 49.24
Support 3 (S3) 49.08 49.73 49.16
Support 4 (S4) 48.92