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Nicolet Bankshares Inc.

Stage 3 · Topping · week 2

As of Oct 22, 2026, Nicolet Bankshares is in Stage 3, the topping phase, now in week 2 (since Oct 13, 2026). It closed at $169.64, 5.0% below its 52-week high and above its 200-day average, which is rising.

Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota. More about the company

$169.64
+2.36% today
$3.6B · Mid cap
Market Neutral — Fading

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 27w
S2 40w
S2 23w
S2 15w
S2 14w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 7w → S3 8w → S2 27w → S3 5w → S2 40w → S3 4w → S2 23w → S3 12w → S2 15w → S3 9w → S2 14w → S3 1w current
Total tracked: 166 weeks across 12 stage runs.

NIC among Banks - Regional145th of 319 by relative strength

All 319 →
Stocks in Banks - Regional ranked by relative strength, with stage and one-month change
#StockStageRS1M
1OPHCStage 2 · wk 3896−1.0%
2MSBIStage 2 · wk 4395+1.8%
3CMTVStage 2 · wk 7294+11.5%
4VBNKStage 2 · wk 2594−0.9%
5AMALStage 3 · wk 294+8.1%
6BOTJStage 2 · wk 5893+9.0%
7ATLOStage 2 · wk 6892+9.5%
8RBKBStage 2 · wk 3892+0.9%
…145NICStage 3 · wk 278+2.9%
vs 52W High
-5.0%
$113.98 lo$178.64 hi
5.0% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 2
1w13w26w
Week 2, early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
9.3%
200 DMA: $155.20 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.78x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+2.9%
3M
+0.2%
6M
+18.3%
YTD
+41.8%
1Y
+32.3%
Scan Membership
Breakout Watch
Latest: 2024-07-12
7 appearances in last 60 days. First seen: 2019-03-11.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 2 · Vol 1.78x
2026-10-21S3
Wk 2 · Vol 0.93x
2026-10-20S3
Wk 2 · Vol 1.61x
2026-10-19S3
Wk 1 · Vol 0.81x
2026-10-16S3
Wk 1 · Vol 1.74x
2026-10-15S3
Wk 1 · Vol 1.15x
2026-10-14S3
Wk 1 · Vol 1.45x
2026-10-13S32→3
Wk 1 · Vol 1.03x
2026-10-12S2
Wk 14 · Vol 0.79x
2026-10-09S2
Wk 14 · Vol 0.87x
2026-10-08S2
Wk 14 · Vol 0.98x
2026-10-07S2
Wk 14 · Vol 1.12x
Moving averages & range
50 DMA
$168.28
200 DMA
$155.20
52W High
$178.64
52W Low
$113.98
5D Low
$162.58
Resistance levels (recent highs)
20d High
$169.64
60d High
$178.64
120d High
$178.64
250d High
$178.64
Next resistance
+5.3%
to 60d High
P/E (TTM)
18.4
Forward 12.5
Earnings Growth (YoY)
+8.4%
Revenue +69.2%
ROE
+10.2%
Profit margin +30.3%
Dividend Yield
0.87%
P/B 1.6

Nicolet Bankshares: quick answers

What stage is Nicolet Bankshares in?

As of Oct 22, 2026, Nicolet Bankshares (NIC) is in Stage 3, the topping phase. It entered Stage 3 on Oct 13, 2026 and is in week 2. What the four stages mean

Is Nicolet Bankshares in an uptrend?

Its uptrend has stalled. Nicolet Bankshares is in Stage 3, the topping phase that follows an advance. It trades 9.3% above its 200-day average, which is rising.

How far is Nicolet Bankshares from its 52-week high?

Nicolet Bankshares closed at $169.64 on Oct 22, 2026, 5.0% below its 52-week high of $178.64. Its 52-week low is $113.98.

How has Nicolet Bankshares performed over the past year?

As of Oct 22, 2026, Nicolet Bankshares is up 32.3% over the past year and up 41.8% so far in 2026.

Which sector and industry is Nicolet Bankshares in?

Nicolet Bankshares is in the Banks - Regional industry, part of the Financials sector.

About this companyFinancials· Banks - Regional

Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota. The company accepts demand deposits, checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. The company was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.