NABORS ENERGY TRANSITI-CW (NETDW) Stock Technical Analysis
USA - NASDAQ:NETDW -
Taking everything into account, NETDW scores 1 out of 10 in our technical rating. NETDW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NETDW is bad and it also does not present a quality setup 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.
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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 | DOWN | NEGATIVE | The long term trend for NETDW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NETDW is down. |
| ChartMill Relative Strength | 1.44 | NEGATIVE | NETDW has a low relative strength, it was outperformed by 98.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NETDW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NETDW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NETDW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.27 | NEUTRAL | The RSI value for NETDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NETDW has a positive trend. |
| Stochastics (14,3) | 93.31 | OVERBOUGHT | The high Stochastics value suggests NETDW may be overbought. |
| Average True Range in percent/ATR (20) | 16.42 | HIGH VOLATILITY | The high ATR as a percentage value for NETDW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for NETDW suggests a weak or negative trend. |
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NABORS ENERGY TRANSITI-CW / NETDW FAQ
Can you provide the ChartMill technical rating for NABORS ENERGY TRANSITI-CW?
ChartMill assigns a technical rating of 1 / 10 to NETDW.
What is the current trend direction of NABORS ENERGY TRANSITI-CW (NETDW) stock?
The current trend direction for NABORS ENERGY TRANSITI-CW (NETDW) is Bearish.
What is the RSI signal for NETDW stock?
NABORS ENERGY TRANSITI-CW (NETDW) has an RSI value of 43.2746. This indicates that the stock is currently neutral.
What is the MACD signal for NABORS ENERGY TRANSITI-CW (NETDW) stock?
The MACD indicator for NABORS ENERGY TRANSITI-CW (NETDW) has a value of 0.0104452, indicating a bearish trend.
Can you provide the short term momentum for NABORS ENERGY TRANSITI-CW?
The short term momentum for NABORS ENERGY TRANSITI-CW (NETDW) is negative.