NATIONAL ENERGY SERVICE-CW23 (NESRW) Stock Technical Analysis
NASDAQ:NESRW - Nasdaq - - Currency: USD
Taking everything into account, NESRW scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NESRW is a bad performer.
100% of all other stocks performed better in the past year than NESRW.
The long and short term trends are both positive. This is looking good!
In the last month NESRW has a been trading in the 0.14 - 0.69 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although NESRW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.53
0.61
We can see 2 important resistance areas.
- A resistance zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The short term trend for NESRW is up. |
| 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) | UP | POSITIVE | The current price of NESRW is above the rising 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) | 61.11 | NEUTRAL | The RSI value for NESRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NESRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.24 | NEUTRAL | The Stochastics value for NESRW is a neutral value. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for NESRW suggests high volalility. |
| Average Directional Index/ADX (14) | 36.48 | POSITIVE | The high ADX value value for NESRW suggests a strong trend. |
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)
NASDAQ:NESRW (6/4/2025, 8:00:01 PM)
0.5323
-0.03 (-5.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.28%
1 Week-8.7%
2 Weeks-6.61%
1 Month191.67%
3 Month61.3%
6 Month-6.61%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.78%
ATR Inc-41.31%
Range Today0.03
ADR(20)0.06
ADR(20)%10.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.62
10 Day Low0.53
20 Day High0.69
20 Day Low0.14
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.58
Volume & EV
DER(3)10.83%
DER(5)27.64%
Volume1.10K
Volume Incr-87.93%
Vol(5)18.48K
Vol(50)99.20K