Technical Analysis for NESR - National Energy Services Reunited Corp

Grade Last Price % Change Price Change
C 2.9500 0.68% 0.0200
NESR closed up 0.68 percent on Friday, June 2, 2023, on 1.45 times normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Gapped Down Weakness 0.00%
20 DMA Resistance Bearish 0.68%
Narrow Range Bar Range Contraction 0.68%
Inside Day Range Contraction 0.68%
Fell Below 20 DMA Bearish -1.67%
Narrow Range Bar Range Contraction -1.67%
Inside Day Range Contraction -1.67%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.


National Energy Services Reunited Corp Description

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems. It also provides production assurance chemicals; laboratory services; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources, treats, and disposes water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rig services; fishing and remedial solutions; directional and turbines drilling services; drilling fluid systems and related technologies; wireline logging services; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from a well, as well as rents drilling tools. It also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.


Keywords: Technology Oil And Gas Petroleum Industry Petroleum Production Oil Wells Oilfield Services Flow Control Fracturing Geotechnical Engineering Workover Coiled Tubing Laboratory Services Fluid Systems Wellhead Drilling Fluid Flow Control Equipment Oilfield Solutions Pipeline Services Rig Services Tubing Technology Well Logging

Is NESR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 3.75
52 Week Low 2.66
Average Volume 232,295
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 2.9940
10-Day Moving Average 2.9740
Average True Range 0.3157
RSI (14) 42.53
ADX 0.0
+DI 26.3957
-DI 16.3025
Chandelier Exit (Long, 3 ATRs) 2.8029
Chandelier Exit (Short, 3 ATRs) 3.6071
Upper Bollinger Bands 3.2108
Lower Bollinger Band 2.7772
Percent B (%b) 0.4
BandWidth 14.4823
MACD Line -0.0413
MACD Signal Line -0.0331
MACD Histogram -0.0082
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.2500
Resistance 3 (R3) 3.2333 3.1167 3.2000
Resistance 2 (R2) 3.1167 3.0403 3.1250 3.1833
Resistance 1 (R1) 3.0333 2.9931 3.0750 3.0500 3.1667
Pivot Point 2.9167 2.9167 2.9375 2.9250 2.9167
Support 1 (S1) 2.8333 2.8403 2.8750 2.8500 2.7333
Support 2 (S2) 2.7167 2.7931 2.7250 2.7167
Support 3 (S3) 2.6333 2.7167 2.7000
Support 4 (S4) 2.6500