
Technical analysis of National Australia Bank Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
National Australia Bank Limited is a bank operating in Australia, New Zealand, and internationally, providing financial services to individuals and businesses. The company offers transaction accounts, savings accounts, home loans, personal loans, business loans, insurance products, payment services, online banking services, and a range of specialized financial solutions. Founded in 1834 and based in Melbourne, the company operates through segments dedicated to private, business, and institutional banking.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
39.58
−0.77%
50 sessions
39.70
−1.08%
200 sessions
40.76
−3.65%
s2
37.76
Support
s1
38.17
Support
pivot
38.44
Pivot
r1
38.85
Resistance
r2
39.12
Resistance
In the September 2, 2026 session National Australia Bank Limited closed higher at 39.27 , +1.79% versus the previous session.
The price sits below every moving average observed: −0.77% against the 21-session average, −1.08% against the 50 and −3.65% against the 200.
The 14-period RSI reads 49.3, in neutral territory.
MACD stands at -0.468 against a signal line at -0.433: the histogram is negative (−0.035).
ADX reads 24.0, indicating weak directionality.
Levels computed on the latest session place supports at 38.17 and 37.76 and resistances at 38.85 and 39.12 , around a pivot of 38.44.
The average daily range (ATR) is 0.739 , or 1.88% of price.
Turnover was 4.6M shares, 101% of the 20-session average.
Over the last twelve months the price ranged between 35.48 and 46.63 , and today stands −15.78% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the NAB.AX analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is National Australia Bank Limited analysed technically?
Technical analysis of National Australia Bank Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for National Australia Bank Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to National Australia Bank Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to National Australia Bank Limited it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.