NEO BATTERY MATERIALS LTD (NBM.CA) Stock Technical Analysis
TSX-V:NBM - TSX Venture Exchange - CA62908A1003 - Common Stock - Currency: CAD
Overall NBM gets a technical rating of 2 out of 10. Although NBM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NBM is part of the Electrical Equipment industry. There are 14 other stocks in this industry. NBM outperforms 100% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that NBM is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NBM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month NBM has a been trading in the 0.58 - 0.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NBM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.64, a Stop Loss order could be placed below this zone.
More info and screens
0.58
0.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.71 from a trend line in the daily time frame.
- A resistance zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS98.96
Mansfield5.6
10 Day High0.74
10 Day Low0.59
20 Day High0.83
20 Day Low0.58
52 Week High1.1
52 Week Low0.06
Performance
1 Week0%
2 Weeks3.08%
1 Month-16.25%
3 Month-34.95%
6 Month42.55%
12 Month396.3%
2 Year61.45%
3 Year94.2%
5 YearN/A
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
RSI(14)45.98
LBB0.6
UBB0.73
TSX-V:NBM (4/23/2025, 7:00:00 PM)
0.67
+0.02 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.08%
1 Week0%
2 Weeks3.08%
1 Month-16.25%
3 Month-34.95%
6 Month42.55%
12 Month396.3%
2 Year61.45%
3 Year94.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.1%
ATR Inc-24.73%
Range Today0.03
ADR(20)0.06
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.96
Mansfield5.6
10 Day High0.74
10 Day Low0.59
20 Day High0.83
20 Day Low0.58
52 Week High1.1
52 Week Low0.06
CS1 End0.64
CR1 Start0.71
Volume & EV
DER(3)-12.42%
DER(5)-36.93%
Volume37.75K
Volume Incr8.69%
Vol(5)61.46K
Vol(50)80.87K