NEO BATTERY MATERIALS LTD (NBM.CA) Technical Analysis
TSX-V:NBM • CA62908A1003
Taking everything into account, NBM scores 6 out of 10 in our technical rating. NBM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When compared to the yearly performance of all other stocks, NBM outperforms 61% of them, which is more or less in line with the market.
- NBM is an average performer in the Electrical Equipment industry, it outperforms 61% of 14 stocks in the same industry.
- NBM 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 NBM is lagging the market slightly.
- In the last month NBM has a been trading in the 0.58 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NBM 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
0.41
We found 6 important support areas.
- A support zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.61 from a horizontal line in the weekly time frame.
- Support @0.59 from a horizontal line in the daily time frame.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.42 from a horizontal line in the daily time frame.
- Support @0.41 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines 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 NBM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NBM.CA is neutral. |
| ChartMill Relative Strength | 61.37 | NEUTRAL | NBM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NBM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.61 | NEUTRAL | The RSI value for NBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NBM.CA has a negative trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for NBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for NBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for NBM.CA suggests a weak or negative trend. |
NBM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NBM (3/6/2026, 7:00:00 PM)
0.69
+0.02 (+2.99%)
NEO BATTERY MATERIALS LTD / NBM.CA FAQ
What is the technical rating for NBM stock?
ChartMill assigns a technical rating of 6 / 10 to NBM.CA.
What is the trend direction for NBM stock?
The current trend direction for NEO BATTERY MATERIALS LTD (NBM.CA) is Bullish.
What is the RSI signal for NEO BATTERY MATERIALS LTD (NBM.CA) stock?
NEO BATTERY MATERIALS LTD (NBM.CA) has an RSI value of 51.605. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEO BATTERY MATERIALS LTD?
The MACD indicator for NEO BATTERY MATERIALS LTD (NBM.CA) has a value of -0.0025588, indicating a bearish trend.
What is the short term momentum for NEO BATTERY MATERIALS LTD (NBM.CA) stock?
The short term momentum for NEO BATTERY MATERIALS LTD (NBM.CA) is neutral.