NOVABASE SGPS SA (NBA.LS) Technical Analysis
ELI:NBA • PTNBA0AM0006
Taking everything into account, NBA scores 5 out of 10 in our technical rating. In the last year, NBA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month NBA has a been trading in the 8.80 - 9.35 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NBA has an average volume of 3364 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, NBA did better than 75% of all other stocks. On top of that, NBA also shows a nice and consistent pattern of rising prices.
- NBA is one of the better performing stocks in the IT Services industry, it outperforms 87% of 75 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- NBA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NBA is lagging the market slightly.
Although the technical rating is only medium, NBA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.60, a Stop Loss order could be placed below this zone.
More info and screens
7.61
3 important support areas can be observed.
- A support zone ranging from 8.60 to 8.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.35 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.01 to 9.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.22 to 9.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.51 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 | DOWN | NEGATIVE | The short term trend for NBA.LS is down. |
| ChartMill Relative Strength | 75.88 | POSITIVE | NBA.LS has a high relative strength, it outperformed 75.88% 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 | MIXED | The current price of NBA.LS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NBA.LS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.18 | NEUTRAL | The RSI value for NBA.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NBA.LS has a negative trend. |
| Stochastics (14,3) | 25.93 | NEUTRAL | The Stochastics value for NBA.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for NBA.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.82 | POSITIVE | The high ADX value value for NBA.LS suggests a strong trend. |
NBA.LS Technicals: Chart, Performance Metrics, Trend & Indicators
ELI:NBA (3/12/2026, 7:00:00 PM)
8.85
-0.2 (-2.21%)
NOVABASE SGPS SA / NBA.LS FAQ
What is the ChartMill technical rating of NOVABASE SGPS SA (NBA.LS) stock?
ChartMill assigns a technical rating of 5 / 10 to NBA.LS.
Can you provide the trend direction for NOVABASE SGPS SA?
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 42.1805. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for NOVABASE SGPS SA?
The buy/sell signal for NOVABASE SGPS SA (NBA.LS) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for NOVABASE SGPS SA (NBA.LS) stock?
NOVABASE SGPS SA (NBA.LS) has a support level at 8.6 and a resistance level at 9.01. Check the full technical report for our detailed analysis of NBA.LS support and resistance levels.