NOVABASE SGPS SA (NBA.LS) Stock Technical Analysis
Europe - ELI:NBA - PTNBA0AM0006 - Common Stock
Taking everything into account, NBA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NBA is showing a nice and steady performance.
Besides having an excellent technical rating, NBA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
7.23
4 important support areas can be observed.
- A support zone ranging from 8.77 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.01 to 8.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.69 to 7.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.30 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.96 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 NBA.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBA.LS is up. |
| ChartMill Relative Strength | 92.56 | POSITIVE | NBA.LS has a high relative strength, it outperformed 92.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBA.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBA.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBA.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.71 | NEUTRAL | The RSI value for NBA.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NBA.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.31 | NEUTRAL | The Stochastics value for NBA.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for NBA.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for NBA.LS suggests a strong 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 |
|---|---|---|---|
| 8.97 | 8.76 | 0.21 (2.34%) | 25.00% |
| An entry @8.97. This is a Buy Stop order right above the resistance zone. | An exit @8.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 2.34%. | For a 0.59% 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 NBA. 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.
ELI:NBA (11/7/2025, 7:00:00 PM)
8.85
-0.1 (-1.12%)
NOVABASE SGPS SA / NBA.LS FAQ
Can you provide the ChartMill technical rating for NOVABASE SGPS SA?
ChartMill assigns a technical rating of 10 / 10 to NBA.LS.
What is the trend direction for NBA stock?
The current trend direction for NOVABASE SGPS SA (NBA.LS) is Bullish.
Can you provide the RSI signal for NOVABASE SGPS SA?
NOVABASE SGPS SA (NBA.LS) has an RSI value of 64.7128. This indicates that the stock is currently neutral.
What is the short term momentum for NBA stock?
The short term momentum for NOVABASE SGPS SA (NBA.LS) is positive.
What is the support and resistance level for NBA stock?
NOVABASE SGPS SA (NBA.LS) has a support level at 8.84 and a resistance level at 8.96. Check the full technical report for our detailed analysis of NBA.LS support and resistance levels.