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Relatively Good Performance Detected in Shares of Northwest Bancsh in the Thrifts & Mortgage Finance Industry (NWBI , NMIH , NYCB , RDN , ESNT )

By David Diaz

We looked at the Thrifts & Mortgage Finance industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Northwest Bancsh (NASDAQ:NWBI ) ranks first with a gain of 0.76%; Nmi Holdings I-A (NASDAQ:NMIH ) ranks second with a gain of 0.26%; and Ny Comm Bancorp (NYSE:NYCB ) ranks third with a loss of 0.38%.

Radian Group Inc (NYSE:RDN ) follows with a loss of 0.48% and Essent Group Ltd (NYSE:ESNT ) rounds out the top five with a loss of 0.55%.

SmarTrend recommended that subscribers consider buying shares of Nmi Holdings I-A on January 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $18.76. Since that recommendation, shares of Nmi Holdings I-A have risen 45.2%. We continue to monitor Nmi Holdings I-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance northwest bancsh nmi holdings i-a ny comm bancorp radian group inc essent group ltd