We assign a technical rating of 6 out of 10 to NES. NES has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry. NES outperforms 96% of them.
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.
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.