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.

• ↑Net income grew 41% YoY to $26.8M; EPS rose 25% to $0.86.
• ↑NIM expanded 47 bps YoY to 3.9%, boosting net interest income.
• ↓Customer bankruptcy led to a $700k net charge-off, raising credit risk.