NINE ENERGY SERVICE INC (NINE) Stock Technical Analysis
NYSE:NINE - New York Stock Exchange, Inc. - US65441V1017 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NINE. NINE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
93% of all other stocks performed better in the past year than NINE.
NINE is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry, of which 91% are performing better than NINE.
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.
In the last month NINE has a been trading in the 1.07 - 1.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NINE has an average volume of 2013110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Although the technical rating is bad, NINE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for NINE 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.
More info and screens
0.96
1.68
When analyzing the support we can see 4 important areas.
- Support @1.13 from a horizontal line in the daily time frame.
- Support @1.06 from a trend line in the weekly time frame.
- Support @1.00 from a horizontal line in the weekly time frame.
- Support @0.97 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.43 from a trend line in the weekly time frame.
- Resistance @1.55 from a trend line in the daily time frame.
- A resistance zone ranging from 1.64 to 1.66. 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
CRS7.98
Mansfield-3.49
10 Day High1.71
10 Day Low1.07
20 Day High1.78
20 Day Low1.07
52 Week High3.26
52 Week Low0.75
Performance
1 Week-15.44%
2 Weeks-22.3%
1 Month-8%
3 Month-20.14%
6 Month-17.86%
12 Month-48.2%
2 Year-88.02%
3 Year0%
5 Year-71.67%
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)-0.03
RSI(14)44.47
LBB1.01
UBB1.63
NINE ENERGY SERVICE INC
NYSE:NINE (2/5/2025, 8:16:59 PM)
After market: 1.175 +0.03 (+2.17%)1.15
-0.05 (-4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.17%
1 Week-15.44%
2 Weeks-22.3%
1 Month-8%
3 Month-20.14%
6 Month-17.86%
12 Month-48.2%
2 Year-88.02%
3 Year0%
5 Year-71.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%16.39%
ATR Inc-54.14%
Range Today0.08
ADR(20)0.19
ADR(20)%16.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.98
Mansfield-3.49
10 Day High1.71
10 Day Low1.07
20 Day High1.78
20 Day Low1.07
52 Week High3.26
52 Week Low0.75
CS1 End1.13
CR1 Start1.43
Volume & EV
DER(3)5.01%
DER(5)-2.82%
Volume1.11M
Volume Incr-52.22%
Vol(5)1.56M
Vol(50)2.01M