USA - NYSE:NINE - US65441V1017 - Common Stock
Overall NINE gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NINE was also a bad performer in the overall market in the last year.
NINE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
0.55
When analyzing the support we can see 2 important areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for NINE is neutral. | 
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NINE is up. | 
| ChartMill Relative Strength | 13.76 | NEGATIVE | NINE has a low relative strength, it was outperformed by 86.24% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NINE is above the rising SMA(20). | 
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NINE is above the rising SMA(50). | 
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NINE is below a declining SMA(200). | 
| Relative Strength Index/RSI (14) | 57.3 | NEUTRAL | The RSI value for NINE is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NINE has a positive trend, although the MACD value is declining. | 
| Stochastics (14,3) | 54.41 | NEUTRAL | The Stochastics value for NINE is a neutral value. | 
| Average True Range in percent/ATR (20) | 10.69 | HIGH VOLATILITY | The high ATR as a percentage value for NINE suggests high volalility. | 
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for NINE suggests a strong trend. | 
0.7
-0.02 (-2.37%)
ChartMill assigns a technical rating of 5 / 10 to NINE.
The current trend direction for NINE ENERGY SERVICE INC (NINE) is Bearish.
NINE ENERGY SERVICE INC (NINE) has an RSI value of 57.3018. This indicates that the stock is currently neutral.
The short term momentum for NINE ENERGY SERVICE INC (NINE) is positive.