NBP National Bank Of Pakistan Mid-Term Analysis 5th July 2017

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National Bank Of Pakistan

    Commercial Banks

Price:  58.44

   Change: 1.38    2017-07-04
Open: 57.06 52 Week High: 83.64 Market Capitalization Mln: 124331.85
High: 58.60 52 Week Low: 56.50 Outstanding Shares. Mln: 2127.51
Low: 57.00 52 Week Avg.: 70.81 KSE AllShares % Weight-age: 1.34
Close: 58.44 52 Week Max Vol.: 13322000 KSE100 % Weight-age: 1.31
Average: 57.78 52 Week Min Vol.: 0 KSE30 % Weight-age: 2.00
Volume: 993500 52 Week Total Vol.: 550214000 Data Last Updated: 2017-07-04

Rebound Insight

Our Pivot: 49.50

Our Preference: Start buying NBP above 56 and average it out till 53.27 with strict stop loss of 49.50 and profit target at 63 and 70.

Alternate Scenario: Downward penetration of 49.50 will call for 48.60 and 45.40.

NOTE: NBP is getting support from supportive trend line  of its bullish trend channel on weekly chart along with a horizontal supportive region. Daily Stochastic and MAORSI have generated bullish crossover while weekly stochastic is ready for a pull back.

 

Weekly Chart with Supports and Resistances:

NBP 6
Overview
Quick Snapshot
Free Float

506,883,297

O/S Shares

2,127,512,862

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

17.50

Last Price

54.33

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports53.9953.6453.29
Resistances54.6955.0455.39
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
0.61
1.98
QTD Price Return
0.61
1.98
3M Price Return
-3.15
-9.10
6M Price Return
-2.85
-8.31
9M Price Return
-4.54
-12.61
YTD Price Return
-3.05
-8.84
1Y Price Return
-0.23
-0.73
3Y Price Return
-7.54
-19.34
5Y Price Return
-29.80
-48.65


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