NOVABASE SGPS SA (NBA.LS) Stock Technical Analysis
ELI:NBA - Euronext Lisbon - PTNBA0AM0006 - Common Stock - Currency: EUR
Taking everything into account, NBA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NBA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: NBA has an average volume of 5006 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
NBA is one of the better performing stocks in the IT Services industry, it outperforms 88% of 76 stocks in the same industry.
NBA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NBA is leading the market.
In the last month NBA has a been trading in the 7.70 - 9.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, NBA did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NBA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.64
9.85
We found 5 important support areas.
- A support zone ranging from 7.77 to 7.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.05 from a horizontal line in the daily time frame.
- A support zone ranging from 5.99 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.85 from a horizontal line in the daily time frame.
- Strong support @5.70 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 | 95.29 | POSITIVE | NBA.LS has a high relative strength, it outperformed 95.29% 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) | 87.93 | OVERBOUGHT | The high RSI value suggests NBA.LS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NBA.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.74 | OVERBOUGHT | The high Stochastics value suggests NBA.LS may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for NBA.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 55.27 | POSITIVE | The high ADX value value for NBA.LS suggests a strong 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)
ELI:NBA (5/28/2025, 7:00:00 PM)
9.75
+0.15 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.56%
1 Week8.94%
2 Weeks18.9%
1 Month25%
3 Month33.56%
6 Month68.1%
12 Month30.87%
2 Year102.7%
3 Year86.78%
5 Year196.35%
10 Year278.64%
15 Year179.37%
Volatility
ATR(14)0.3
ATR(20)%2.64%
ATR Inc-12.5%
Range Today0.25
ADR(20)0.25
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.29
Mansfield4.8
10 Day High9.85
10 Day Low8
20 Day High9.85
20 Day Low7.7
52 Week High9.85
52 Week Low5.2
CS1 End7.78
CR1 StartN/A
Volume & EV
DER(3)-4.35%
DER(5)-2.86%
Volume4.79K
Volume Incr170.17%
Vol(5)11.77K
Vol(50)5.01K