Europe - ELI:NBA - PTNBA0AM0006 - Common Stock
Overall NBA gets a technical rating of 5 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.
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 7.79, a Stop Loss order could be placed below this zone.
7.23
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | 82.87 | POSITIVE | NBA.LS has a high relative strength, it outperformed 82.87% 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) | DOWN | NEGATIVE | The current price of NBA.LS is below a declining 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) | 42.53 | 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) | 30.56 | NEUTRAL | The Stochastics value for NBA.LS is a neutral value. |
Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for NBA.LS suggests low volalility. |
Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for NBA.LS suggests a possible start of a new trend. |
ELI:NBA (9/12/2025, 12:40:04 PM)
7.775
-0.02 (-0.32%)