NAVAMEDIC (NAVA.OL) Stock Technical Analysis
OSL:NAVA - Euronext Oslo - NO0010205966 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to NAVA. In the past year, NAVA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than NAVA.
Warning: NAVA has an average volume of 9513 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
NAVA is part of the Pharmaceuticals industry. There are 50 other stocks in this industry, NAVA did better than 51% of them.
NAVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NAVA is lagging the market.
In the last month NAVA has a been trading in the 21.00 - 23.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, NAVA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 21.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.79
23.74
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.57 to 21.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.00 to 21.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @22.85 from a trend line in the daily time frame.
- A resistance zone ranging from 23.50 to 23.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for NAVA.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAVA.OL is up. |
| ChartMill Relative Strength | 18.75 | NEGATIVE | NAVA.OL has a low relative strength, it was outperformed by 81.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAVA.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAVA.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NAVA.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.28 | NEUTRAL | The RSI value for NAVA.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NAVA.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.97 | NEUTRAL | The Stochastics value for NAVA.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for NAVA.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for NAVA.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)
OSL:NAVA (7/4/2025, 7:00:00 PM)
22.4
+0.3 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.36%
1 Week3.7%
2 Weeks4.19%
1 Month2.75%
3 Month17.89%
6 Month-13.51%
12 Month-33.33%
2 Year-38.46%
3 Year-20.57%
5 Year17.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%2.66%
ATR Inc15.19%
Range Today0.3
ADR(20)0.55
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.75
Mansfield-1.87
10 Day High23.3
10 Day Low21
20 Day High23.3
20 Day Low21
52 Week High34.9
52 Week Low17.1
CS1 End21.93
CR1 Start22.85
Volume & EV
DER(3)0%
DER(5)1%
Volume2.69K
Volume Incr224.14%
Vol(5)32.44K
Vol(50)9.51K