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NEWPARK RESOURCES INC (NR) Stock Technical Analysis

NYSE:NR - New York Stock Exchange, Inc. - US6517185046 - Common Stock - Currency: USD

7.25  -0.37 (-4.86%)

After market: 7.25 0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to NR. In the past year, NR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

In the last month NR has a been trading in the 7.17 - 8.51 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, NR outperforms 51% of them, which is more or less in line with the market.
NR is an average performer in the Energy Equipment & Services industry, it outperforms 67% of 59 stocks in the same industry.
NR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NR is lagging the market.
Weekly and Daily overview Charts
NEWPARK RESOURCES INC / NR Weekly stock chart
NEWPARK RESOURCES INC / NR Daily stock chart
Setup Rating and Analysis

2

NR has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

6.44

8.56

We found 2 important support areas.

  • Support @6.77 from a trend line in the weekly time frame.
  • A support zone ranging from 6.51 to 6.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.89 to 7.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @8.11 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 8.31 to 8.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 8.48 to 8.48. 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
CRS51.26
Mansfield-1.18
10 Day High8.22
10 Day Low7.25
20 Day High8.51
20 Day Low7.17
52 Week High8.65
52 Week Low5.61
Performance
1 Week-10.49%
2 Weeks-9.15%
1 Month1.12%
3 Month-2.95%
6 Month-8.23%
12 Month3.87%
2 Year74.7%
3 Year146.6%
5 Year15.63%
10 Year-24%
15 Year71.39%
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)-0.1
RSI(14)39.48
LBB7.28
UBB8.53
NEWPARK RESOURCES INC / NR Daily stock chart

NEWPARK RESOURCES INC

NYSE:NR (12/18/2024, 8:04:00 PM)

After market: 7.25 0 (0%)

7.25

-0.37 (-4.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-4.86%
1 Week-10.49%
2 Weeks-9.15%
1 Month1.12%
3 Month-2.95%
6 Month-8.23%
12 Month3.87%
2 Year74.7%
3 Year146.6%
5 Year15.63%
10 Year-24%
15 Year71.39%
Volatility
ATR(14)0.33
ATR(20)%4.48%
ATR Inc12.95%
Range Today0.56
ADR(20)0.32
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.26
Mansfield-1.18
10 Day High8.22
10 Day Low7.25
20 Day High8.51
20 Day Low7.17
52 Week High8.65
52 Week Low5.61
CS1 End6.77
CR1 Start7.89
Volume & EV
DER(3)-5.56%
DER(5)-4.24%
Volume1.03M
Volume Incr-15.01%
Vol(5)622.04K
Vol(50)656.60K