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National Australia Bank Limited

National Australia Bank Limited technical analysis

NAB.AXFinancial Services Updated daily

Technical analysis of National Australia Bank Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is National Australia Bank Limited

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Description generated automatically from public sources; it may be inaccurate or out of date.

National Australia Bank Limited: latest session data

Closing values for September 2, 2026, computed on the last 12 months of prices.

Close39.27
Change+1.79%
RSI (14)49.3
MACD-0.468
ADX24.0
Volatility (ATR)1.88%
Volume vs 20-avg101%
12-month high46.63
12-month low35.48

Moving averages

21 sessions

39.58

−0.77%

50 sessions

39.70

−1.08%

200 sessions

40.76

−3.65%

Session levels

s2

37.76

Support

s1

38.17

Support

pivot

38.44

Pivot

r1

38.85

Resistance

r2

39.12

Resistance

How to read it

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.

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How Montbon’s technical analysis works

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.

Read the full Montbon Score methodology →

FAQ about National Australia Bank Limited

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.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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