NATIONAL ENERGY SERVICES REU (NESR) Stock Technical Analysis
USA - NASDAQ:NESR - VGG6375R1073 - Common Stock
Overall NESR gets a technical rating of 7 out of 10. Although NESR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, NESR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NESR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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9.91
2 important resistance areas can be observed.
- A resistance zone ranging from 10.15 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.54 to 10.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for NESR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NESR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NESR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NESR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NESR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NESR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.48 | NEUTRAL | The RSI value for NESR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests NESR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.74 | NEUTRAL | The Stochastics value for NESR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for NESR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.06 | POSITIVE | The high ADX value value for NESR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.35 | 10.14 | 0.21 (1.99%) | 25.00% |
| An entry @10.35. This is a Buy Stop order right above the 10 day moving average. | An exit @10.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 1.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of NESR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:NESR (10/9/2025, 2:49:56 PM)
10.01
-0.21 (-2.05%)