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Is Northern Trust Corp (NTRS) a Stock to Watch After Gaining 4.20% This Week?

Wednesday, November 29, 2023 02:24 PM | InvestorsObserver Analysts

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Is Northern Trust Corp (NTRS) a Stock to Watch After Gaining 4.20% This Week?

Northern Trust Corp (NTRS) stock is higher by 4.20% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Northern Trust Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NTRS!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With NTRS Stock Today?

Northern Trust Corp (NTRS) stock is trading at $78.73 as of 2:23 PM on Wednesday, Nov 29, a rise of $2.03, or 2.65% from the previous closing price of $76.70. The stock has traded between $77.27 and $78.73 so far today. Volume today is low. So far 585,429 shares have traded compared to average volume of 1,603,296 shares.

More About Northern Trust Corp

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C., in the United States and 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 30, 2021, Northern Trust had assets under custody or administration of $16.2 trillion and assets under management of $1.6 trillion. Click Here to get the full Stock Report for Northern Trust Corp stock.

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