NEW FORTRESS ENERGY INC (NFE)
US6443931000 - Common Stock
We assign a technical rating of 0 out of 10 to NFE. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NFE is a bad performer in the overall market: 81% of all stocks are doing better.
NFE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 213 stocks in the same industry do better.
NFE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NFE has a been trading in the 25.66 - 29.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NFE has an average volume of 1501190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
NFE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 25.96, a Stop Loss order could be placed below this zone.
More info and screens
25.56
40.41
When analyzing the support we notice one important area.
- A support zone ranging from 25.82 to 25.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 26.82 to 27.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.86 to 29.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.96 from a trend line in the weekly time frame.
- Resistance @30.48 from a trend line in the daily time frame.
- Resistance @31.94 from a trend line in the weekly time frame.
- Resistance @40.01 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.82
Mansfield-2.56
10 Day High29.11
10 Day Low25.66
20 Day High29.11
20 Day Low25.66
52 Week High40.04
52 Week Low25.06
Performance
1 Week0.23%
2 Weeks2.83%
1 Month-3.42%
3 Month-18.46%
6 Month-26.8%
12 Month-3.1%
2 Year-43.01%
3 Year-36.94%
5 Year144.03%
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)0.24
RSI(14)43.32
LBB25.21
UBB28.25
NEW FORTRESS ENERGY INC
NASDAQ:NFE (5/15/2024, 7:00:03 PM)
Premarket: 26.7 +0.15 (+0.56%)26.55
-2.31 (-8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-8%
1 Week0.23%
2 Weeks2.83%
1 Month-3.42%
3 Month-18.46%
6 Month-26.8%
12 Month-3.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.07
ATR(20)%3.6%
ATR Inc
Range Today2.52
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 High29.11
10 Day Low25.66
20 Day High29.11
20 Day Low25.66
52 Week High40.04
52 Week Low25.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.43M
Volume Incr46.52%
Vol(5)2.27M
Vol(50)1.50M