NATIONAL ENERGY SERVICE-CW23 (NESRW) Stock Technical Analysis
USA - NASDAQ:NESRW -
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.
NESRW has only a medium technical rating, but it does show a decent setup pattern. 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
0.49
We found 1 important support 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.
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. |
NASDAQ:NESRW (7/17/2025, 8:00:02 PM)
0.5
-0.08 (-13.06%)
NATIONAL ENERGY SERVICE-CW23 / NESRW 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 trend direction for NESRW stock?
The current trend direction for NATIONAL ENERGY SERVICE-CW23 (NESRW) is Bullish.
Can you provide the RSI signal for NATIONAL ENERGY SERVICE-CW23?
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 support and resistance level for NESRW stock?
NATIONAL ENERGY SERVICE-CW23 (NESRW) has a support level at 0.49. Check the full technical report for our detailed analysis of NESRW support and resistance levels.