NABORS ENERGY TRANSITION C-A (NETD) Stock Technical Analysis
NASDAQ:NETD - Nasdaq - KYG6363K1067 - Common Stock - Currency: USD
Overall NETD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NETD is only an average performer.
The long and short term trends are both positive. This is looking good!
NETD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NETD is leading the market.
When compared to the yearly performance of all other stocks, NETD outperforms 54% of them, which is more or less in line with the market.
In the last month NETD has a been trading in a tight range between 11.01 and 11.11.
Although NETD has an excellent technical rating, the quality of the presented setup is not ideal 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
10.28
11.20
2 important support areas can be observed.
- A support zone ranging from 10.62 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.38 to 10.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.09 to 11.09. 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 NETD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NETD is up. |
| ChartMill Relative Strength | 54.58 | NEUTRAL | NETD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NETD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NETD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NETD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.68 | NEUTRAL | The RSI value for NETD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NETD has a positive trend. |
| Stochastics (14,3) | 73.02 | NEUTRAL | The Stochastics value for NETD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for NETD suggests low volalility. |
| Average Directional Index/ADX (14) | 59 | POSITIVE | The high ADX value value for NETD 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:NETD (6/6/2025, 8:13:24 PM)
11.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.27%
2 Weeks0.36%
1 Month0.54%
3 Month1.09%
6 Month3.07%
12 Month5.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.17%
ATR Inc95.45%
Range Today0.03
ADR(20)0.02
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.58
Mansfield-0.23
10 Day High11.11
10 Day Low11.03
20 Day High11.11
20 Day Low11.01
52 Week High11.11
52 Week Low10.53
CS1 End11.06
CR1 Start11.09
Volume & EV
DER(3)0.93%
DER(5)0.57%
Volume82.90K
Volume Incr-18.61%
Vol(5)135.40K
Vol(50)190.13K