Eneti Inc (NETI)

MHY2294C1075 - Common Stock

11.33  +0.01 (+0.09%)

After market: 11.33 0 (0%)

Technical Rating and Analysis

7

Overall NETI gets a technical rating of 7 out of 10. In the last year, NETI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NETI did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NETI is part of the Construction & Engineering industry. There are 43 other stocks in this industry, NETI did better than 52% of them.
NETI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NETI is lagging the market.
In the last month NETI has a been trading in the 9.65 - 12.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NETI Weekly chart
NETI Daily chart
Setup Rating and Analysis

4

Although NETI 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.

Support and Resistance Analysis

9.40

12.36

4 important support areas can be observed.

  • Support @10.26 from a trend line in the weekly time frame.
  • A support zone ranging from 9.90 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 9.65 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @9.49 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 12.14 to 12.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.89
Mansfield-0.24
10 Day High12.43
10 Day Low11
20 Day High12.43
20 Day Low9.65
52 Week High13.54
52 Week Low7.75
Performance
1 Week0.27%
2 Weeks0.27%
1 Month6.59%
3 Month12.4%
6 Month-6.44%
12 Month12.74%
2 Year46.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)57.67
LBB10.73
UBB11.95
NETI Daily chart

Eneti Inc

NYSE:NETI (12/28/2023, 7:04:01 PM)

After market: 11.33 0 (0%)

11.33

+0.01 (+0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.09%
1 Week0.27%
2 Weeks0.27%
1 Month6.59%
3 Month12.4%
6 Month-6.44%
12 Month12.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%2.94%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.43
10 Day Low11
20 Day High12.43
20 Day Low9.65
52 Week High13.54
52 Week Low7.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume206.40K
Volume Incr-61.08%
Vol(5)188.16K
Vol(50)324.87K