NEW FORTRESS ENERGY INC (NFE) Stock Technical Analysis
NASDAQ:NFE - Nasdaq - US6443931000 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NFE. NFE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than NFE.
NFE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 76% of 210 stocks in the same industry do better.
NFE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NFE has a been trading in the 11.11 - 16.50 range, which is quite wide. It is currently trading near the lows of this range.
NFE has an average volume of 4407620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of NFE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.05
14.74
When analyzing the support we notice one important area.
- A support zone ranging from 11.16 to 11.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.06 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.62 from a horizontal line in the daily time frame.
- Resistance @14.31 from a trend line in the weekly time frame.
- Resistance @14.59 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-4.37
10 Day High12.96
10 Day Low11.11
20 Day High16.5
20 Day Low11.11
52 Week High35.58
52 Week Low7.82
Performance
1 Week-5.58%
2 Weeks-11.14%
1 Month-29.84%
3 Month14.56%
6 Month-13.41%
12 Month-64.91%
2 Year-66.14%
3 Year-59.51%
5 Year-20.5%
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)-0.21
RSI(14)32.82
LBB10.62
UBB14.51
11.17
-0.88 (-7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-7.3%
1 Week-5.58%
2 Weeks-11.14%
1 Month-29.84%
3 Month14.56%
6 Month-13.41%
12 Month-64.91%
2 Year-66.14%
3 Year-59.51%
5 Year-20.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%7.07%
ATR Inc12.1%
Range Today1.08
ADR(20)0.76
ADR(20)%6.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.99
Mansfield-4.37
10 Day High12.96
10 Day Low11.11
20 Day High16.5
20 Day Low11.11
52 Week High35.58
52 Week Low7.82
CS1 End11.16
CR1 Start12.06
Volume & EV
DER(3)-6.39%
DER(5)-1.54%
Volume3.23M
Volume Incr-31.74%
Vol(5)2.74M
Vol(50)4.41M