NEW FORTRESS ENERGY INC (NFE) Stock Technical Analysis
NASDAQ:NFE - Nasdaq - US6443931000 - Common Stock - Currency: USD
Overall NFE gets a technical rating of 0 out of 10. NFE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NFE is a bad performer in the overall market: 100% of all stocks are doing better.
NFE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 213 stocks in the same industry do better.
NFE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NFE is lagging the market.
NFE has an average volume of 11214200 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 2.26 - 4.26 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. 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
2.48
3.99
2 important support areas can be observed.
- A support zone ranging from 2.85 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.51 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.20 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.95 from a trend line 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 | DOWN | NEGATIVE | The long term trend for NFE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFE is down. |
| ChartMill Relative Strength | 0.8 | NEGATIVE | NFE has a low relative strength, it was outperformed by 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NFE is above a declining 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) | 40.36 | NEUTRAL | The RSI value for NFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NFE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.95 | NEUTRAL | The Stochastics value for NFE is a neutral value. |
| Average True Range in percent/ATR (20) | 17.97 | HIGH VOLATILITY | The high ATR as a percentage value for NFE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.26 | 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)
NASDAQ:NFE (6/13/2025, 10:10:10 AM)
2.955
-0.04 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.17%
1 Week0.67%
2 Weeks12.83%
1 Month-55.9%
3 Month-67.71%
6 Month-76.64%
12 Month-86.44%
2 Year-88.83%
3 Year-92.44%
5 Year-76.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%17.97%
ATR Inc-12.72%
Range Today0.22
ADR(20)0.4
ADR(20)%13.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.8
Mansfield-7.5
10 Day High3.3
10 Day Low2.43
20 Day High4.26
20 Day Low2.26
52 Week High26.22
52 Week Low2.26
CS1 End2.9
CR1 Start3.2
Volume & EV
DER(3)3.45%
DER(5)0.58%
Volume1.60M
Volume Incr-52.32%
Vol(5)7.54M
Vol(50)11.21M