NIC Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom on June 20, 2024

A.I.dvisor
at Tickeron.com
06/21/24
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Head-and-Shoulders Bottom
NIC - Nicolet BanksharesInc
Emerged: 06/20/24
Breakout: $79.16
Price: $78.13
Target price: $81.17
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for NIC stock. This pattern was detected on June 20, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
111 North Washington Street
Phone
+1 920 430-1400
Employees
976
Web
https://www.nicoletbank.com