NEW ERA HELIUM INC (NEHC) Technical Analysis
NASDAQ:NEHC • US64428N1090
Current stock price
NEHC Technical Rating and Analysis
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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, NEHC is a bad performer in the overall market: 100% of all stocks are doing better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- NEHC has an average volume of 6619930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NEHC has a been trading in the 0.38 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NEHC Weekly and Daily overview Charts
NEHC Setup Rating and Analysis
The technical rating of NEHC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NEHC Support and Resistance Analysis
0.45
When analyzing the support we notice one important area.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
NEHC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NEHC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEHC is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NEHC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NEHC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEHC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for NEHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEHC has a positive trend. |
| Stochastics (14,3) | 28.73 | NEUTRAL | The Stochastics value for NEHC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for NEHC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for NEHC suggests a weak or negative trend. |
NEHC Chart- and CandleStick Pattern Analysis
NEHC Technicals: Chart, Performance Metrics, Trend & Indicators
0.457
+0.07 (+19.32%)
NEW ERA HELIUM INC / NEHC TA FAQ
What is the technical rating for NEHC stock?
ChartMill assigns a technical rating of 0 / 10 to NEHC.
What is the trend direction for NEHC stock?
The current trend direction for NEW ERA HELIUM INC (NEHC) is Bearish.
Can you provide the RSI signal for NEW ERA HELIUM INC?
NEW ERA HELIUM INC (NEHC) has an RSI value of 51.3303. This indicates that the stock is currently neutral.
What is the MACD signal for NEW ERA HELIUM INC (NEHC) stock?
The MACD indicator for NEW ERA HELIUM INC (NEHC) has a value of 0.00245374, indicating a bearish trend.
Can you provide the short term momentum for NEW ERA HELIUM INC?
The short term momentum for NEW ERA HELIUM INC (NEHC) is neutral.