NEO BATTERY MATERIALS LTD (NBM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NBM • CA62908A1003
Taking everything into account, NBM scores 3 out of 10 in our technical rating. NBM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, NBM is a bad performer in the overall market: 86% of all stocks are doing better.
- NBM is part of the Electrical Equipment industry. There are 15 other stocks in this industry, of which 71% are performing better than NBM.
- In the last month NBM has a been trading in the 0.59 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- NBM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBM is lagging the market.
NBM has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.41
We found 5 important support areas.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.52 from a trend line in the daily time frame.
- Support @0.47 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.65 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.73 from a trend line in the weekly time frame.
- Resistance @0.75 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 NBM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBM.CA is down. |
| ChartMill Relative Strength | 14.22 | NEGATIVE | NBM.CA has a low relative strength, it was outperformed by 85.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBM.CA is below a declining 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) | 45.51 | NEUTRAL | The RSI value for NBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NBM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.63 | OVERSOLD | The low Stochastics value suggests NBM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for NBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for NBM.CA suggests a weak or negative trend. |
TSX-V:NBM (2/6/2026, 7:00:00 PM)
0.61
+0.01 (+1.67%)
NEO BATTERY MATERIALS LTD / NBM.CA FAQ
What is the technical rating for NBM stock?
ChartMill assigns a technical rating of 3 / 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 45.5073. 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 -0.0154606, 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 negative.