Technical analysis from National Australia Bank (NAB.AX, ASX:NAB) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

National Australia Bank
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National Australia Bank was difficult to move downward due to high volume in recent trading [Bearish]
Ease of Movement /
National Australia Bank was difficult to move downward due to high volume in recent trading [Bearish]

[BEARISH]: National Australia Bank current price have moved downwards on high volume. Currently, the Ease of Movement is -2.243

[Uptrend]: Recent trading for NAB indicates ST trend is likely to continue
Triangular Moving Average /
[Uptrend]: Recent trading for NAB indicates ST trend is likely to continue

[BULLISH]: National Australia Bank currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.3%.

Detrended Price Oscillator /
Price is currently above the displaced moving average for NAB [Bullish]

NAB: DPO Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Medium Trend /
Second timeframe trend of National Australia Bank remains as an Uptrend

[BULLISH]: National Australia Bank has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 18 2017.

Percentage Volume /
National Australia Bank: Percentage Volume Oscillator (-8.4)

[BEARISH]: National Australia Bank currently has negative PVO -8.4%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 4.3%.

Opening Price /
Recent trading has opened -0.9 % lower than previous close for NAB

[BEARISH]: National Australia Bank opening price has gapped down. Currently, the OPEN is $32.3 (-0.9 %).

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Percentage Price /
National Australia Bank currently has positive PPO 1.300

[BULLISH]: National Australia Bank currently has positive PPO 1.300%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

A short term Close Reversal has formed with National Australia Bank
Close Reversal /
A short term Close Reversal has formed with National Australia Bank

NAB: Bar Reversal Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BEARISH (3) 18 Oct: NEUTRAL

National Australia Bank: Buyers were in control all day.
Open Tod Vs Close Tod /
National Australia Bank: Buyers were in control all day.

[BULLISH STRONG]: National Australia Bank opened in the lower part of daily range at 33.3% & closed in the upper part of the trading range at 76.9%. This suggests the buyers were in control all day. Over the last 12 months there has been 43 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 16.3%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 13.3%.

TRADE /
The current free float for National Australia Bank is 2658439000

National Australia Bank key financial metrics: (1) MCAP: $86.54B (2) Shares: 2665102000 (3) Free Float: 2658439000

Elder Ray Index /
Bull power has increased for National Australia Bank signalling bullish conditions are likely

[BULLISH]: National Australia BankElder Ray Index is signalling a Bullish movementERI is 0.502 indicating bull power. Prices are being driven above the consensus of value for NAB during the last trading session [Buying Pressure]

VALUE /
National Australia Bank: Price Earnings Ratio (19.36)

National Australia Bank Key financial metrics: (1) EPS: $1.68 (2) P/E Ratio: 19.36

National Australia Bank: Ulcer Index (0.882)
Ulcer Index /
National Australia Bank: Ulcer Index (0.882)

NAB: UIX Current Signal -> (1) 20 Oct: Low stress (2) 19 Oct: Low stress (3) 18 Oct: Low stress

National Australia Bank: Range Performance (11.4)
Range Tod Vs Range Yest /
National Australia Bank: Range Performance (11.4)

[BEARISH]: National Australia Banksellers are increasingly eager. There has been 2 consecutive days of range increase for NAB adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.73 & the greatest daily price range this year has been $5.09. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.3x.

Momentum /
National Australia Bank: Momentum(5)

[BULLISH]: National Australia Bank currently has positive momentum of 0.3. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.3%. The largest upward momentum rally for the last 3 months is 17 days producing a return of 3.7%%.

Simple Moving Average /
The SMA trend following signal is still current for National Australia Bank [Bullish]

[BEARISH]: National Australia Bank currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.3%.

Williams %R /
National Australia Bank is no longer overbought and normal trading conditions are resumed

[BULLISH]: National Australia Bank is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Relative Strength overbought signal has just been neutralized for National Australia Bank
Relative Strength Index /
Relative Strength overbought signal has just been neutralized for National Australia Bank

[BEARISH]: National Australia Bank is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @78.0342

[Bullish]: National Australia Bank has beaten previous trading range
Price Range /
[Bullish]: National Australia Bank has beaten previous trading range

[BULLISH]: National Australia Bank current uptrend in the first timeframe. Currently, the Range is $0.39.

MACD oscillator remains positive for NAB
MACD /
MACD oscillator remains positive for NAB

[BULLISH]: National Australia Bank currently has positive MACD of 0.074000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2%.

Accumulation / Distribution /
National Australia Bank is being actively accumulated

[BULLISH]: National Australia Bank current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Bill Williams Market Facilitation /
BWFI has signalled a Fake Day for National Australia Bank

National Australia Bank Currently is a confirmed Fake Day. MFI indicator is up, volume is down for NAB. Trend continuation possible for NAB from reduced trading activity.

Fibonacci Extensions /
Limit order for a short position has been identified for National Australia Bank @$3.14

National Australia Bank has moved above the 161.8% level ($3.14) [Bearish]. Look for a short limit order entry near this point. Exit price for NAB should be set @$3.45 & short position stoploss for National Australia Bank should be set at $2.83

Ex-Dividend /
National Australia Bank: Ex-Dividend Date

The last ex-dividend date recorded for NAB occurred on the May 16 2017. This event was 157 days from the current trading day.

DVI: Accumulation still active for National Australia Bank
Daily Volume Index /
DVI: Accumulation still active for National Australia Bank

[BULLISH]: National Australia Bank current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Closing price for NAB is still below the lower envelope signalling a bullish movement
Moving Average Envelope /
Closing price for NAB is still below the lower envelope signalling a bullish movement

[BULLISH]: National Australia Bank current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 30.0295.

Aroon Oscillator /
National Australia Bank: Aroon oscillator (80) has confirmed a strong uptrend is present

[BULLISH]: National Australia Bank has a current ARO(25) of 80. This has change -16 points from yesterday.

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