Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
National Energy Services Reunited Corp. - Ordinary Shares (NASDAQ:NESR)
Crossroads (+60) - NESR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NESR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NESR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NESR
The long-term trend has been DOWN since Aug 4th, 2021 at 12.34
The intermediate-term trend has been UP since Sep 27th, 2021 at 12.19
The short-term trend has been UP since Oct 15th, 2021 at 12.62
Smart Scan Analysis for NESR
Based on our trend formula, NESR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.38||Year High Date||2018-09-11|
|Year Low||8.26||Year Low Date||2018-11-27|
|52wk High||15.95||52wk High Date||2021-06-16|
|52wk Low||6.48||52wk Low Date||2020-11-06|
|Average Volume||385,319||Shares Outstanding||87,778|