NORWEGIAN AIR SHUTTLE AS (NAS.OL) Stock Technical Analysis
OSL:NAS - Euronext Oslo - NO0010196140 - Common Stock - Currency: NOK
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.
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.
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10.11
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.
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 NAS.OL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAS.OL is neutral. |
| ChartMill Relative Strength | 69.54 | NEUTRAL | NAS.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NAS.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAS.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAS.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.32 | NEUTRAL | The RSI value for NAS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NAS.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.49 | NEUTRAL | The Stochastics value for NAS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for NAS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for NAS.OL suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.82 | 12.84 | 0.98 (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.
OSL:NAS (5/28/2025, 7:00:00 PM)
13.8
+0.14 (+0.99%)