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Stock Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

National Energy Services Reunited Corp. (NASDAQ:NESR)

Sidelines Mode (-55) - NESR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NASDAQ_NESR
Open High Low NESR Price Change
2.90 3.07 2.90 3.07 +0.16
Entry Signal

MarketClub’s Trade Triangles for NESR

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 5.80

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2023 at 4.63

short term up The short-term trend has been UP since May 30th, 2023 at 2.99

Smart Scan Analysis for NESR

Based on our trend formula, NESR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NESR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.90 3.07 2.90 3.07 +0.16
Prev. Close Volume Bid Ask Time
3.07 309491 2023-06-06 15:52:08
Year High14.38Year High Date2018-09-11
Year Low8.26Year Low Date2018-11-27
52wk High8.67952wk High Date2022-06-08
52wk Low2.4452wk Low Date2023-04-27
Average Volume220,924Shares Outstanding87,778
Market Cap671MAssets176,638,400M
Liabilities777,546,000MP/E Ratio16.65
Volatility40.12
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