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NORWEGIAN AIR SHUTTLE AS (NAS.OL) Stock Technical Analysis

OSL:NAS - Euronext Oslo - NO0010196140 - Common Stock - Currency: NOK

13.8  +0.14 (+0.99%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to NAS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NAS is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NAS has an average volume of 8184550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NAS turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
NAS is an average performer in the Passenger Airlines industry, it outperforms 45% of 12 stocks in the same industry.
NAS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NAS is lagging the market slightly.
In the last month NAS has a been trading in the 12.85 - 14.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NORWEGIAN AIR SHUTTLE AS / NAS Weekly stock chart
NORWEGIAN AIR SHUTTLE AS / NAS Daily stock chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, NAS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 13.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NAS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

10.11

14.70

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 12.82 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.88 from a trend line in the weekly time frame.
  • Support @11.67 from a horizontal line in the daily time frame.
  • Support @11.45 from a trend line in the daily time frame.
  • A support zone ranging from 10.90 to 11.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.21 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 13.80 to 13.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @14.05 from a horizontal line in the weekly time frame.
  • Resistance @14.55 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NAS.OL is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for NAS.OL is neutral.
ChartMill Relative Strength69.54NEUTRALNAS.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of NAS.OL is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NAS.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NAS.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)55.32NEUTRALThe RSI value for NAS.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.1NEGATIVEThe MACD value suggests NAS.OL has a negative trend, although the MACD value is rising.
Stochastics (14,3)45.49NEUTRALThe Stochastics value for NAS.OL is a neutral value.
Average True Range in percent/ATR (20)4.05MEDIUM VOLATILITYThe ATR as a percentage value for NAS.OL suggests some volalility.
Average Directional Index/ADX (14)13.68NEGATIVEThe low ADX value for NAS.OL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
13.8212.840.98 (7.09%)14.10%
An entry @13.82. This is a Buy Stop order right above the resistance zone.An exit @12.84. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.98 points, which is 7.09%.When investing 14.10% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NORWEGIAN AIR SHUTTLE AS / NAS Daily stock chart

NORWEGIAN AIR SHUTTLE AS

OSL:NAS (5/28/2025, 7:00:00 PM)

13.8

+0.14 (+0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.99%
1 Week-1.62%
2 Weeks2.47%
1 Month1.49%
3 Month20.58%
6 Month22.84%
12 Month-1.76%
2 Year6.75%
3 Year21.43%
5 Year267.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.05%
ATR Inc-13.99%
Range Today0.34
ADR(20)0.49
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.54
Mansfield1.51
10 Day High14.27
10 Day Low12.85
20 Day High14.79
20 Day Low12.85
52 Week High15.49
52 Week Low9.7
CS1 End13.26
CR1 Start13.81
Volume & EV
DER(3)6.85%
DER(5)2.98%
Volume6.46M
Volume Incr8.75%
Vol(5)8.85M
Vol(50)8.18M