NEW FORTRESS ENERGY INC (NFE) Stock Technical Analysis
USA - NASDAQ:NFE - US6443931000 - Common Stock
2.37 USD
-0.06 (-2.47%)
2.3209 USD
-0.05 (-2.07%)
Overall NFE gets a technical rating of 1 out of 10. NFE'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than NFE.
NFE is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 92% are performing better than NFE.
NFE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NFE has an average volume of 17251400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NFE has a been trading in the 1.28 - 3.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NFE has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.35
2.71
We can see 3 important resistance areas.
- A resistance zone ranging from 2.38 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.47 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.67 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly 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 | DOWN | NEGATIVE | The long term trend for NFE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NFE is neutral. |
| ChartMill Relative Strength | 1.63 | NEGATIVE | NFE has a low relative strength, it was outperformed by 98.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NFE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for NFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.32 | NEUTRAL | The Stochastics value for NFE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.1 | HIGH VOLATILITY | The high ATR as a percentage value for NFE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for NFE suggests a possible start of a new 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)
2.37
-0.06 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.47%
1 Week7.24%
2 Weeks-3.66%
1 Month69.29%
3 Month-42.89%
6 Month-59.83%
12 Month-74.68%
2 Year-92.18%
3 Year-95.7%
5 Year-93.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%14.1%
ATR Inc-38.13%
Range Today0.22
ADR(20)0.32
ADR(20)%13.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.63
Mansfield-7.08
10 Day High2.73
10 Day Low1.97
20 Day High3.08
20 Day Low1.28
52 Week High16.66
52 Week Low1.26
CS1 EndN/A
CR1 Start2.38
Volume & EV
DER(3)-0.72%
DER(5)1.78%
Volume12.02M
Volume Incr-53.12%
Vol(5)13.91M
Vol(50)17.25M