NOVABASE SGPS SA (NBA.LS) Stock Technical Analysis
ELI:NBA - Euronext Lisbon - PTNBA0AM0006 - Common Stock - Currency: EUR
Overall NBA gets a technical rating of 6 out of 10. NBA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NBA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: NBA has an average volume of 6610 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 91% of all other stocks. On top of that, NBA also shows a nice and consistent pattern of rising prices.
NBA is part of the IT Services industry. There are 74 other stocks in this industry. NBA outperforms 83% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
NBA has an average technical rating and it also does not offer a high quality setup 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
7.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.30 to 7.46. 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 | NEUTRAL | NEUTRAL | The long term trend for NBA.LS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBA.LS is down. |
| ChartMill Relative Strength | 91.82 | POSITIVE | NBA.LS has a high relative strength, it outperformed 91.82% 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) | UP | POSITIVE | The current price of NBA.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.59 | NEUTRAL | The RSI value for NBA.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests NBA.LS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.77 | OVERSOLD | The low Stochastics value suggests NBA.LS may be oversold. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for NBA.LS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.72 | 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 (6/20/2025, 7:00:00 PM)
7.75
+0.35 (+4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.73%
1 Week-2.63%
2 Weeks-14.94%
1 Month-18.23%
3 Month2.78%
6 Month25.42%
12 Month42.31%
2 Year68.95%
3 Year52.89%
5 Year137.94%
10 Year196%
15 Year115.12%
Volatility
ATR(14)0.5
ATR(20)%6.28%
ATR Inc-65%
Range Today0.7
ADR(20)0.39
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.82
Mansfield0.92
10 Day High8.75
10 Day Low7.2
20 Day High10.4
20 Day Low7.2
52 Week High10.4
52 Week Low5.2
CS1 End7.34
CR1 Start7.41
Volume & EV
DER(3)0%
DER(5)-0.42%
Volume6.83K
Volume Incr-57.13%
Vol(5)4.55K
Vol(50)6.61K