NINE ENERGY SERVICE INC (NINE) Stock Technical Analysis
NYSE:NINE - New York Stock Exchange, Inc. - US65441V1017 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NINE. NINE'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.
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, NINE is a bad performer in the overall market: 91% of all stocks are doing better.
NINE is one of the lesser performing stocks in the Energy Equipment & Services industry. 70% of 62 stocks in the same industry do better.
NINE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NINE has a been trading in the 0.70 - 1.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NINE 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
0.80
1.50
We found 1 important support area.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.02 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.49 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.41
Mansfield-3.14
10 Day High0.91
10 Day Low0.73
20 Day High1.02
20 Day Low0.7
52 Week High2.3
52 Week Low0.7
Performance
1 Week8.95%
2 Weeks12.84%
1 Month-14.09%
3 Month-22.97%
6 Month-12.4%
12 Month-59.39%
2 Year-70.22%
3 Year-71.45%
5 Year-55.99%
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)0.02
RSI(14)48.77
LBB0.7
UBB0.89
0.8935
+0.04 (+4.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg4.87%
1 Week8.95%
2 Weeks12.84%
1 Month-14.09%
3 Month-22.97%
6 Month-12.4%
12 Month-59.39%
2 Year-70.22%
3 Year-71.45%
5 Year-55.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.95%
ATR Inc-17.54%
Range Today0.05
ADR(20)0.08
ADR(20)%8.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.41
Mansfield-3.14
10 Day High0.91
10 Day Low0.73
20 Day High1.02
20 Day Low0.7
52 Week High2.3
52 Week Low0.7
CS1 End0.82
CR1 Start0.95
Volume & EV
DER(3)6.46%
DER(5)2.85%
Volume530.90K
Volume Incr-46.82%
Vol(5)377.20K
Vol(50)646.20K