Taking everything into account, NEP scores 0 out of 10 in our technical rating. NEP 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NEP is a bad performer in the overall market: 97% of all stocks are doing better.
NEP is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 84% are performing better than NEP.
NEP is currently trading near the lower end of its 52 week range, which is not a good sign. NEP is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NEP has a been trading in the 9.98 - 19.28 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NEP has an average volume of 2764670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.