NORWEGIAN AIR SHUTTLE AS (NAS.OL) Stock Technical Analysis
OSL:NAS - Euronext Oslo - NO0010196140 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to NAS. Recently some decent action could be observed, but in the medium term time frame this is still negative. NAS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NAS is a bad performer in the overall market: 87% of all stocks are doing better.
NAS is part of the Passenger Airlines industry. There are 12 other stocks in this industry, of which 90% are performing better than NAS.
NAS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
NAS has an average volume of 4869440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NAS has a been trading in the 10.69 - 12.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, NAS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NAS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.77
12.97
4 important support areas can be observed.
- A support zone ranging from 11.18 to 11.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.90 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.58 from a trend line in the weekly time frame.
- A support zone ranging from 9.87 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.62 from a horizontal line in the weekly time frame.
- Resistance @11.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.80 to 12.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.96
Mansfield-0.92
10 Day High12.08
10 Day Low10.83
20 Day High12.08
20 Day Low10.69
52 Week High18.4
52 Week Low9.7
Performance
1 Week0.78%
2 Weeks3.63%
1 Month2.8%
3 Month-0.47%
6 Month10.04%
12 Month-32.41%
2 Year7.73%
3 Year7.62%
5 Year27.93%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)54.79
LBB10.84
UBB11.84
OSL:NAS (3/7/2025, 7:00:00 PM)
11.565
-0.28 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-2.36%
1 Week0.78%
2 Weeks3.63%
1 Month2.8%
3 Month-0.47%
6 Month10.04%
12 Month-32.41%
2 Year7.73%
3 Year7.62%
5 Year27.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.86%
ATR Inc41.92%
Range Today0.49
ADR(20)0.42
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.96
Mansfield-0.92
10 Day High12.08
10 Day Low10.83
20 Day High12.08
20 Day Low10.69
52 Week High18.4
52 Week Low9.7
CS1 End11.38
CR1 Start11.62
Volume & EV
DER(3)3.56%
DER(5)1.24%
Volume6.78M
Volume Incr62.54%
Vol(5)7.07M
Vol(50)4.87M