NATIONAL ENERGY SERVICES REU (NESR)

VGG6375R1073 - Common Stock

2.65  -0.66 (-19.82%)

After market: 2.68 +0.03 (+1.13%)

Technical Rating and Analysis

0

Overall NESR gets a technical rating of 0 out of 10. NESR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than NESR.
NESR is part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, of which 96% are performing better than NESR.
NESR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NESR is lagging the market.
In the last month NESR has a been trading in the 2.44 - 5.98 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.
Weekly and Daily overview Charts
NESR Weekly chart
NESR Daily chart
Setup Rating and Analysis

0

The technical rating of NESR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.62

5.03

2 important resistance areas can be observed.

  • A resistance zone ranging from 4.52 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @4.98 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.17
Mansfield-6.11
10 Day High5.01
10 Day Low2.44
20 Day High5.98
20 Day Low2.44
52 Week High8.75
52 Week Low2.44
Performance
1 Week-37.5%
2 Weeks-46.57%
1 Month-49.81%
3 Month-64.38%
6 Month-65.22%
12 Month-60.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)15.19
LBB2.95
UBB5.72
NESR Daily chart

NATIONAL ENERGY SERVICES REU

NASDAQ:NESR (4/27/2023, 7:00:03 PM)

After market: 2.68 +0.03 (+1.13%)

2.65

-0.66 (-19.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-19.82%
1 Week-37.5%
2 Weeks-46.57%
1 Month-49.81%
3 Month-64.38%
6 Month-65.22%
12 Month-60.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%13.63%
ATR Inc
Range Today0.74
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.01
10 Day Low2.44
20 Day High5.98
20 Day Low2.44
52 Week High8.75
52 Week Low2.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.07M
Volume Incr657.87%
Vol(5)2.64M
Vol(50)527.65K