Logo image of NEHCW

NEW ERA HELIUM INC -29 (NEHCW) Stock Technical Analysis

NASDAQ:NEHCW - Nasdaq - - Currency: USD

0.3612  -0.01 (-2.48%)

Technical Rating and Analysis

3

Overall NEHCW gets a technical rating of 3 out of 10. NEHCW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, NEHCW is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NEHCW has a been trading in the 0.21 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NEW ERA HELIUM INC -29 / NEHCW Weekly stock chart
NEW ERA HELIUM INC -29 / NEHCW Daily stock chart
Setup Rating and Analysis

6

NEHCW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NEHCW in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.22

0.37

When analyzing the support we notice one important area.

  • Support @0.22 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @0.37 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.4
10 Day Low0.21
20 Day High0.47
20 Day Low0.21
52 Week HighN/A
52 Week LowN/A
Performance
1 Week72%
2 Weeks17.39%
1 Month-9.84%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)0.01
RSI(14)56.52
LBB0.2
UBB0.38
NEW ERA HELIUM INC -29 / NEHCW Daily stock chart

NEW ERA HELIUM INC -29

NASDAQ:NEHCW (2/21/2025, 8:00:01 PM)

0.3612

-0.01 (-2.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.48%
1 Week72%
2 Weeks17.39%
1 Month-9.84%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%19.31%
ATR Inc3.87%
Range Today0.05
ADR(20)0.07
ADR(20)%18.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.4
10 Day Low0.21
20 Day High0.47
20 Day Low0.21
52 Week HighN/A
52 Week LowN/A
CS1 End0.22
CR1 Start0.37
Volume & EV
DER(3)16.78%
DER(5)11.76%
Volume26.50K
Volume Incr-60.33%
Vol(5)23.50K
Vol(50)N/A