NORWEGIAN AIR SHUTTLE AS (NAS.OL) Stock Technical Analysis
Europe - OSL:NAS - NO0010196140 - Common Stock
16.025 NOK
-0.3 (-1.81%)
We assign a technical rating of 6 out of 10 to NAS. In the last year, NAS was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that NAS is one of the better performing stocks in the market, outperforming 84% of all stocks.
NAS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NAS is lagging the market slightly.
NAS has an average volume of 6383390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NAS is part of the Passenger Airlines industry. There are 12 other stocks in this industry, NAS did better than 54% of them.
In the last month NAS has a been trading in the 15.61 - 17.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, NAS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.94, a Stop Loss order could be placed below this zone.
More info and screens
10.11
17.82
5 important support areas can be observed.
- A support zone ranging from 15.88 to 15.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.74 from a trend line in the weekly time frame.
- Support @14.10 from a trend line in the daily time frame.
- Support @13.47 from a trend line in the daily time frame.
- Support @10.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.31 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.57 to 17.64. This zone is formed by a combination of multiple trend lines in the weekly 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 | 84.53 | POSITIVE | NAS.OL has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAS.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAS.OL is below a declining 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) | 43.6 | NEUTRAL | The RSI value for NAS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NAS.OL has a negative trend. |
| Stochastics (14,3) | 39.39 | NEUTRAL | The Stochastics value for NAS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for NAS.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for NAS.OL suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 16.32 | 15.87 | 0.45 (2.75%) | 25.00% |
| An entry @16.32. This is a Buy Stop order right above the 10 day moving average. | An exit @15.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.45 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NAS. Please evaluate whether better entry and exit points can be found.
- 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 (9/19/2025, 7:00:00 PM)
16.025
-0.3 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.81%
1 Week-2.79%
2 Weeks0.53%
1 Month-3.29%
3 Month24.61%
6 Month37.73%
12 Month32.99%
2 Year87.6%
3 Year120.91%
5 Year1604.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%2.65%
ATR Inc-6.51%
Range Today0.53
ADR(20)0.42
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield1.17
10 Day High17.01
10 Day Low15.8
20 Day High17.29
20 Day Low15.61
52 Week High18.45
52 Week Low9.7
CS1 End15.94
CR1 Start16.31
Volume & EV
DER(3)-4.6%
DER(5)-6.15%
Volume8.86M
Volume Incr-25.21%
Vol(5)3.92M
Vol(50)6.38M