NOVABASE SGPS SA (NBA.LS) Stock Technical Analysis
Europe - Euronext Lisbon - ELI:NBA - PTNBA0AM0006 - Common Stock
We assign a technical rating of 9 out of 10 to NBA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
NBA has an excellent technical rating and 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.
More info and screens
7.61
We found 3 important support areas.
- Support @8.22 from a trend line in the weekly time frame.
- Support @8.09 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.60 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NBA.LS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NBA.LS is neutral. |
| ChartMill Relative Strength | 90.78 | POSITIVE | NBA.LS has a high relative strength, it outperformed 90.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBA.LS is below a declining 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) | 44.43 | NEUTRAL | The RSI value for NBA.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NBA.LS has a negative trend. |
| Stochastics (14,3) | 48.15 | NEUTRAL | The Stochastics value for NBA.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NBA.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for NBA.LS 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 |
|---|---|---|---|
| 8.78 | 8.54 | 0.23 (2.68%) | 25.00% |
| An entry @8.78. This is a Buy Stop order right above the 10 day moving average. | An exit @8.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 2.68%. | For a 0.67% 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 (12/2/2025, 7:00:00 PM)
8.55
-0.25 (-2.84%)
NOVABASE SGPS SA / NBA.LS FAQ
Can you provide the ChartMill technical rating for NOVABASE SGPS SA?
ChartMill assigns a technical rating of 9 / 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 44.4314. 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 neutral.
What is the support and resistance level for NBA stock?
NOVABASE SGPS SA (NBA.LS) has a support level at 8.22 and a resistance level at 8.6. Check the full technical report for our detailed analysis of NBA.LS support and resistance levels.