Technical Analysis for NESR - National Energy Services Reunited Corp.

Grade Last Price % Change Price Change
grade D 8.77 2.93% 0.25
NESR closed up 2.93 percent on Monday, June 24, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Up
See historical NESR trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 2.93%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.93%
20 DMA Support Bullish 2.93%
NR7 Range Contraction 2.93%
Inside Day Range Contraction 2.93%

Older signals for NESR ...

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Profile
National Energy Services Reunited Corp. is a blank check company. The Company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination. The Company intends to focus its search on target businesses that operate in the energy services industry, with an emphasis on oil and gas services globally. The Company will either seek shareholder approval of its initial business combination at a meeting called for such purpose at which shareholders may seek to redeem their shares, regardless of whether they vote for or against the proposed business combination, into their pro rata share of the aggregate amount then on deposit in the trust account (net of taxes payable and working capital released to us), or provide its shareholders with the opportunity to sell their shares to us by means of a tender offer.
Corporate Finance Private Equity Special Purpose Acquisition Company Mergers And Acquisitions Consolidation Oil And Gas Services
Is NESR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 14.38
52 Week Low 7.42
Average Volume 176,019
200-Day Moving Average 9.6152
50-Day Moving Average 9.4926
20-Day Moving Average 8.5115
10-Day Moving Average 8.148
Average True Range 0.4717
ADX 38.95
+DI 17.6562
-DI 24.1904
Chandelier Exit (Long, 3 ATRs ) 8.384900000000001
Chandelier Exit (Short, 3 ATRs ) 8.8651
Upper Bollinger Band 9.4604
Lower Bollinger Band 7.5626
Percent B (%b) 0.64
BandWidth 22.296892
MACD Line -0.3119
MACD Signal Line -0.4076
MACD Histogram 0.0957
Fundamentals Value
Market Cap 102.87 Million
Num Shares 11.7 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 2.02
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.24
Resistance 3 (R3) 9.19 9.00 9.16
Resistance 2 (R2) 9.00 8.88 9.02 9.13
Resistance 1 (R1) 8.88 8.81 8.94 8.93 9.11
Pivot Point 8.69 8.69 8.72 8.71 8.69
Support 1 (S1) 8.57 8.57 8.63 8.62 8.43
Support 2 (S2) 8.38 8.50 8.40 8.41
Support 3 (S3) 8.26 8.38 8.38
Support 4 (S4) 8.31