NABORS ENERGY TRANSITION C-A (NETD) Stock Technical Analysis
NASDAQ:NETD - Nasdaq - KYG6363K1067 - Common Stock - Currency: USD
Overall NETD gets a technical rating of 7 out of 10. Although NETD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
NETD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NETD is lagging the market slightly.
When compared to the yearly performance of all other stocks, NETD outperforms 57% of them, which is more or less in line with the market.
In the last month NETD has a been trading in a tight range between 10.83 and 11.10.
Volume is considerably higher in the last couple of days.
NETD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.93, a Stop Loss order could be placed below this zone.
More info and screens
10.28
11.09
We found 1 important support area.
- A support zone ranging from 10.38 to 10.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.97 to 10.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.28
Mansfield-0.47
10 Day High11.1
10 Day Low10.84
20 Day High11.1
20 Day Low10.83
52 Week High11.1
52 Week Low10.38
Performance
1 Week-0.18%
2 Weeks0.55%
1 Month0.92%
3 Month1.96%
6 Month3.01%
12 Month4.48%
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
RSI(14)64.22
LBB10.84
UBB10.99
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.99 | 10.83 | 0.16 (1.46%) | 25.00% |
| An entry @10.99. This is a Buy Stop order right above the resistance zone. | An exit @10.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 1.46%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:NETD (2/21/2025, 8:00:01 PM)
10.95
+0.03 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week-0.18%
2 Weeks0.55%
1 Month0.92%
3 Month1.96%
6 Month3.01%
12 Month4.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.43%
ATR Inc0.6%
Range Today0.03
ADR(20)0.04
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.28
Mansfield-0.47
10 Day High11.1
10 Day Low10.84
20 Day High11.1
20 Day Low10.83
52 Week High11.1
52 Week Low10.38
CS1 End10.93
CR1 Start10.97
Volume & EV
DER(3)-1.56%
DER(5)-0.7%
Volume91.50K
Volume Incr-21.59%
Vol(5)343.80K
Vol(50)236.52K