NINE ENERGY SERVICE INC (NINE)

US65441V1017 - Common Stock

1.45  +0.19 (+15.08%)

After market: 1.6201 +0.17 (+11.73%)

Technical Rating and Analysis

5

Taking everything into account, NINE scores 5 out of 10 in our technical rating. In the past year, NINE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, NINE is a bad performer in the overall market: 80% of all stocks are doing better.
NINE 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NINE has a been trading in the 0.75 - 1.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NINE is an average performer in the Energy Equipment & Services industry, it outperforms 40% of 60 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
NINE Weekly chart
NINE Daily chart
Setup Rating and Analysis

6

NINE has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

1.44

1.47

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS20.89
Mansfield-3.15
10 Day High1.54
10 Day Low1.1
20 Day High1.59
20 Day Low0.75
52 Week High3.26
52 Week Low0.75
Performance
1 Week26.09%
2 Weeks0.69%
1 Month55.58%
3 Month15.08%
6 Month-12.65%
12 Month-29.95%
2 Year-86.19%
3 Year9.85%
5 Year-73.54%
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)0.02
RSI(14)64.87
LBB1
UBB1.48
NINE Daily chart

NINE ENERGY SERVICE INC

NYSE:NINE (11/22/2024, 8:04:00 PM)

After market: 1.6201 +0.17 (+11.73%)

1.45

+0.19 (+15.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg15.08%
1 Week26.09%
2 Weeks0.69%
1 Month55.58%
3 Month15.08%
6 Month-12.65%
12 Month-29.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%12.09%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.54
10 Day Low1.1
20 Day High1.59
20 Day Low0.75
52 Week High3.26
52 Week Low0.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.09M
Volume Incr25.7%
Vol(5)1.46M
Vol(50)885.50K