NEW ERA HELIUM INC (NEHC) Stock Technical Analysis
NASDAQ:NEHC - Nasdaq - US64428N1090 - Common Stock - Currency: USD
Taking everything into account, NEHC scores 0 out of 10 in our technical rating. NEHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NEHC is a bad performer in the overall market: 100% of all stocks are doing better.
NEHC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than NEHC.
In the last month NEHC has a been trading in the 0.61 - 1.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of NEHC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.65
1.01
When analyzing the resistance we notice one important area.
- Resistance @1.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.18
10 Day Low0.61
20 Day High1.18
20 Day Low0.61
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-17.27%
2 Weeks-31.94%
1 Month-30.27%
3 Month-72.46%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
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)32.74
LBB0.59
UBB1.08
0.661
-0.02 (-2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.85%
1 Week-17.27%
2 Weeks-31.94%
1 Month-30.27%
3 Month-72.46%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%19.6%
ATR Inc-20.28%
Range Today0.1
ADR(20)0.13
ADR(20)%19.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.18
10 Day Low0.61
20 Day High1.18
20 Day Low0.61
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1
Volume & EV
DER(3)1.71%
DER(5)-2.26%
Volume218.80K
Volume Incr16.37%
Vol(5)223.36K
Vol(50)192.50K