NUVERRA ENVIRONMENTAL SOLUTI (NES) Technical Analysis
NYSEARCA:NES
Current stock price
NES Technical Rating and Analysis
Taking everything into account, NES scores 6 out of 10 in our technical rating. In the last year, NES was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- NES is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NES is lagging the market.
- 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.
- NES has an average volume of 3689570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, NES did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- NES is an average performer in the Energy Equipment & Services industry, it outperforms 41% of 61 stocks in the same industry.
- In the last month NES has a been trading in the 1.58 - 2.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NES Weekly and Daily overview Charts
NES Setup Rating and Analysis
NES has an average technical rating and it also does not offer a high 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
NES Support and Resistance Analysis
1.73
When analyzing the support we notice one important area.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.33 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.98 from a horizontal line in the weekly time frame.
- Resistance @3.06 from a horizontal line in the weekly time frame.
NES 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 | NEUTRAL | NEUTRAL | The long term trend for NES is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NES is neutral. |
| ChartMill Relative Strength | 89.41 | POSITIVE | NES has a high relative strength, it outperformed 89.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.82 | NEUTRAL | The RSI value for NES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NES has a positive trend. |
| Stochastics (14,3) | 40.52 | NEUTRAL | The Stochastics value for NES is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for NES suggests high volalility. |
NES Chart- and CandleStick Pattern Analysis
NES Technicals: Chart, Performance Metrics, Trend & Indicators
2.149
+0.22 (+11.35%)
NUVERRA ENVIRONMENTAL SOLUTI / NES TA FAQ
What is the technical rating for NES stock?
ChartMill assigns a technical rating of 5 / 10 to NES.
Can you provide the trend direction for NUVERRA ENVIRONMENTAL SOLUTI?
The current trend direction for NUVERRA ENVIRONMENTAL SOLUTI (NES) is Bearish.
What is the RSI signal for NUVERRA ENVIRONMENTAL SOLUTI (NES) stock?
NUVERRA ENVIRONMENTAL SOLUTI (NES) has an RSI value of 56.8206. This indicates that the stock is currently neutral.
What is the MACD signal for NUVERRA ENVIRONMENTAL SOLUTI (NES) stock?
The MACD indicator for NUVERRA ENVIRONMENTAL SOLUTI (NES) has a value of 0.0253955, indicating a bearish trend.
What is the support and resistance level for NES stock?
NUVERRA ENVIRONMENTAL SOLUTI (NES) has a support level at 1.75 and a resistance level at 2.33. Check the full technical report for our detailed analysis of NES support and resistance levels.