NATIONAL ENERGY SERVICE-CW23 (NESRW) Technical Analysis
NASDAQ:NESRW
Current stock price
NESRW Technical Rating and Analysis
Taking everything into account, NESRW scores 5 out of 10 in our technical rating. NESRW was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 100% of all other stocks performed better in the past year than NESRW.
- In the last month NESRW has a been trading in the 0.49 - 0.85 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Considerably lower volume is observed in the last couple of days.
NESRW Weekly and Daily overview Charts
NESRW Setup Rating and Analysis
Although the technical rating is only medium, NESRW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
NESRW Support and Resistance Analysis
0.49
When analyzing the support we notice one important area.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
NESRW 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 | UP | POSITIVE | The long term trend for NESRW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NESRW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NESRW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NESRW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NESRW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.85 | NEUTRAL | The RSI value for NESRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NESRW has a negative trend. |
| Stochastics (14,3) | 13.22 | OVERSOLD | The low Stochastics value suggests NESRW may be oversold. |
| Average True Range in percent/ATR (20) | 16.35 | HIGH VOLATILITY | The high ATR as a percentage value for NESRW suggests high volalility. |
| Average Directional Index/ADX (14) | 42.27 | POSITIVE | The high ADX value value for NESRW suggests a strong trend. |
NESRW Chart- and CandleStick Pattern Analysis
NESRW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NESRW (7/17/2025, 8:00:02 PM)
0.5
-0.08 (-13.06%)
NATIONAL ENERGY SERVICE-CW23 / NESRW TA FAQ
What is the ChartMill technical rating of NATIONAL ENERGY SERVICE-CW23 (NESRW) stock?
ChartMill assigns a technical rating of 5 / 10 to NESRW.
What is the current trend direction of NATIONAL ENERGY SERVICE-CW23 (NESRW) stock?
The current trend direction for NATIONAL ENERGY SERVICE-CW23 (NESRW) is Bullish.
What is the RSI signal for NESRW stock?
NATIONAL ENERGY SERVICE-CW23 (NESRW) has an RSI value of 46.8473. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL ENERGY SERVICE-CW23 (NESRW) stock?
The MACD indicator for NATIONAL ENERGY SERVICE-CW23 (NESRW) has a value of -0.0133001, indicating a bearish trend.
What is the short term momentum for NATIONAL ENERGY SERVICE-CW23 (NESRW) stock?
The short term momentum for NATIONAL ENERGY SERVICE-CW23 (NESRW) is neutral.