Norwood Financial Corp

NWFL remains in a Stage 2 advance with higher highs and higher lows, upheld by rising EMAs and a bullish continuation pattern. Both long-term and medium-term biases are bullish, but near-term overbought conditions call for patience. Optimal execution is on a pullback into rising EMAs near support, in line with a momentum-oriented approach.

• ↑Record net interest income of $24.6M in Q1, up 38% YoY.
• ↑Loans grew $46M (8.4% annualized), deposits rose $70M.
• ↓President’s Bank merger execution risks could disrupt customer retention.