NEW ERA HELIUM INC -29 (NEHCW) Stock Technical Analysis
NASDAQ:NEHCW
Overall NEHCW gets a technical rating of 3 out of 10. NEHCW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than NEHCW.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month NEHCW has a been trading in the 0.05 - 0.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NEHCW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone.
More info and screens
0.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.10 from a trend line in the daily time frame.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.12 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NEHCW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEHCW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NEHCW 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 NEHCW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEHCW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.26 | NEUTRAL | The RSI value for NEHCW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEHCW has a positive trend. |
| Stochastics (14,3) | 48.69 | NEUTRAL | The Stochastics value for NEHCW is a neutral value. |
| Average True Range in percent/ATR (20) | 31.76 | HIGH VOLATILITY | The high ATR as a percentage value for NEHCW suggests high volalility. |
| Average Directional Index/ADX (14) | 25.89 | POSITIVE | The high ADX value value for NEHCW suggests a strong trend. |
NASDAQ:NEHCW (8/12/2025, 8:06:29 PM)
0.1
+0.01 (+8.81%)
NEW ERA HELIUM INC -29 / NEHCW FAQ
What is the technical rating for NEHCW stock?
ChartMill assigns a technical rating of 3 / 10 to NEHCW.
What is the trend direction for NEHCW stock?
The current trend direction for NEW ERA HELIUM INC -29 (NEHCW) is Bearish.
Can you provide the RSI signal for NEW ERA HELIUM INC -29?
NEW ERA HELIUM INC -29 (NEHCW) has an RSI value of 53.2599. This indicates that the stock is currently neutral.
What are the support and resistance levels for NEW ERA HELIUM INC -29 (NEHCW) stock?
NEW ERA HELIUM INC -29 (NEHCW) has a support level at 0.09 and a resistance level at 0.1. Check the full technical report for our detailed analysis of NEHCW support and resistance levels.