Nabis Holdings Inc. (NAB.CA) Technical Analysis
CNSX:NAB
Current stock price
NAB.CA Technical Rating and Analysis
Overall NAB gets a technical rating of 7 out of 10. In the last year, NAB was one of the better performers, but we do observe some doubts in the very recent evolution.
- NAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NAB is lagging the market.
- In the last month NAB has a been trading in the 0.01 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, NAB did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Considerably lower volume is observed in the last couple of days.
NAB.CA Weekly and Daily overview Charts
NAB.CA Setup Rating and Analysis
Although NAB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NAB.CA Support and Resistance Analysis
0.23
We found 2 important support areas.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.23 from a horizontal line in the daily time frame.
NAB.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NAB.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAB.CA is down. |
| ChartMill Relative Strength | 99.6 | POSITIVE | NAB.CA has a high relative strength, it outperformed 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NAB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.92 | NEUTRAL | The RSI value for NAB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NAB.CA has a negative trend. |
| Stochastics (14,3) | 9.32 | OVERSOLD | The low Stochastics value suggests NAB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 58.1 | HIGH VOLATILITY | The high ATR as a percentage value for NAB.CA suggests high volalility. |
NAB.CA Chart- and CandleStick Pattern Analysis
NAB.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CNSX:NAB (4/7/2021, 12:26:55 PM)
0.25
0 (0%)
Nabis Holdings Inc. / NAB.CA TA FAQ
What is the technical rating for NAB stock?
ChartMill assigns a technical rating of 6 / 10 to NAB.CA.
What is the current trend direction of Nabis Holdings Inc. (NAB.CA) stock?
The current trend direction for Nabis Holdings Inc. (NAB.CA) is Bullish.
Can you provide the RSI signal for Nabis Holdings Inc.?
Nabis Holdings Inc. (NAB.CA) has an RSI value of 46.9181. This indicates that the stock is currently neutral.
What is the MACD signal for Nabis Holdings Inc. (NAB.CA) stock?
The MACD indicator for Nabis Holdings Inc. (NAB.CA) has a value of -0.0481621, indicating a bearish trend.
What is the buy/sell signal for Nabis Holdings Inc. (NAB.CA) stock?
The buy/sell signal for Nabis Holdings Inc. (NAB.CA) is hold as the short term and long term trends are mixed.