Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Newpark Resources, Inc (NYSE:NR)
Long-Term Downtrend (-90) - NR is in a strong downtrend that is likely to continue. While NR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NR
The long-term trend has been DOWN since Oct 31st, 2019 at 6.06
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 5.89
The short-term trend has been DOWN since Feb 18th, 2020 at 4.17
Smart Scan Analysis for NR
Based on our trend formula, NR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.65||Year High Date||2018-06-27|
|Year Low||7.27||Year Low Date||2018-10-30|
|52wk High||9.675||52wk High Date||2019-02-20|
|52wk Low||5.25||52wk Low Date||2019-10-31|
|Year End Close||7.85||Average Volume||567,873|
|Shares Outstanding||89,714||Short Interest||8,578,201|
|% Institutional||96.2||Market Cap||671M|