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 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month NBM has a been trading in the 0.78 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NBM is one of the better performing stocks in the Electrical Equipment industry, it outperforms 92% of 14 stocks in the same industry.
NBM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NBM is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that NBM is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
NBM has an excellent technical rating, but the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.60
0.94
3 important support areas can be observed.
- A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.72 from a horizontal line in the daily time frame.
- Support @0.61 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.92 to 0.93. 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
CRS96.53
Mansfield12.19
10 Day High0.97
10 Day Low0.82
20 Day High1.1
20 Day Low0.78
52 Week High1.1
52 Week Low0.06
Performance
1 Week-5.08%
2 Weeks-6.67%
1 Month-15.58%
3 Month-10.64%
6 Month630.44%
12 Month250%
2 Year425%
3 Year130.14%
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)-0.01
RSI(14)47.19
LBB0.81
UBB0.94
TSX-V:NBM (2/21/2025, 7:00:00 PM)
0.84
-0.02 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.33%
1 Week-5.08%
2 Weeks-6.67%
1 Month-15.58%
3 Month-10.64%
6 Month630.44%
12 Month250%
2 Year425%
3 Year130.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.92%
ATR Inc-27.59%
Range Today0.04
ADR(20)0.06
ADR(20)%7.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.53
Mansfield12.19
10 Day High0.97
10 Day Low0.82
20 Day High1.1
20 Day Low0.78
52 Week High1.1
52 Week Low0.06
CS1 End0.84
CR1 Start0.86
Volume & EV
DER(3)-30.65%
DER(5)-15.3%
Volume32.77K
Volume Incr-65.82%
Vol(5)76.85K
Vol(50)291.64K