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NBT Bancorp (NBTB) Crosses Pivot Point Resistance at $22.60

Written on Tue, 07/27/2010 - 10:36am
By Chip Brian

SmarTrend has detected shares of NBT Bancorp (NASDAQ:NBTB) have bullishly opened above the pivot of $22.03 today and have reached the first resistance level of $22.60.
We are watching for a cross of the next upside pivot targets of $22.97 and $23.91. Also, the shares should find initial support at the 200-day moving average of $21.88 and further support at the 50-day moving average of $21.58.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of NBT Bancorp on May 20, 2010 at $23.04. Since the call, the stock has fallen 1.7%.

Keywords: nbt bancorp pivot points

Ticker(s): NBTB

Contact Chip Brian



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