NINE ENERGY SERVICE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NINE
ISIN:

NINE ENERGY SERVICE INC. - Daily - Technical analysis published on 03/07/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 1.72 USD

My targets

2.36 USD (+31.11%)

3.29 USD (+82.78%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NINE ENERGY SERVICE INC. as long as the price remains well above 1.72 USD. The buyers' bullish objective is set at 2.36 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.29 USD. If there is any crossing, the next objective would be the resistance located at 3.72 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NINE ENERGY SERVICE INC. price is 1.80 USD. The price registered an increase of +42.86% on the session and was between 1.28 USD and 1.89 USD. This implies that the price is at +40.63% from its lowest and at -4.76% from its highest.

1.28

1.89

1.80

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NINE ENERGY SERVICE INC.:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this NINE ENERGY SERVICE INC. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.10	1.35	1.72	1.80	2.36	3.29	3.72
Change (%)	-38.89%	-25.00%	-4.44%	-	+31.11%	+82.78%	+106.67%
Change	-0.70	-0.45	-0.08	-	+0.56	+1.49	+1.92
Level	Intermediate	Minor	Minor	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.81	1.05	1.42	1.66	2.03	2.27	2.64
Camarilla	1.63	1.69	1.74	1.80	1.86	1.91	1.97
Woodie	0.89	1.08	1.50	1.69	2.11	2.30	2.72
Fibonacci	1.05	1.28	1.42	1.66	1.89	2.03	2.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.92	0.98	1.04	1.10	1.16	1.22	1.28
Camarilla	1.07	1.08	1.09	1.10	1.11	1.12	1.13
Woodie	0.92	0.98	1.04	1.10	1.16	1.22	1.28
Fibonacci	0.98	1.03	1.05	1.10	1.15	1.17	1.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.74	0.89	1.02	1.17	1.30	1.45	1.58
Camarilla	1.07	1.10	1.12	1.15	1.18	1.20	1.23
Woodie	0.73	0.89	1.01	1.17	1.29	1.45	1.57
Fibonacci	0.89	1.00	1.06	1.17	1.28	1.34	1.45

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	77.20
MACD (12,26,9):	0.0500
Directional Movement:	34.68
AROON (14):	35.71
DEMA (21):	1.27
Parabolic SAR (0,02-0,02-0,2):	0.93
Elder Ray (13):	0.33
Super Trend (3,10):	1.10
Zig ZAG (10):	1.80
VORTEX (21):	1.0200
Stochastique (14,3,5):	84.96
TEMA (21):	1.34
Williams %R (14):	-10.59
Chande Momentum Oscillator (20):	0.67
Repulse (5,40,3):	38.5000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	17.67

MA7:	1.26
MA20:	1.19
MA50:	1.16
MA100:	1.41
MAexp7:	1.34
MAexp20:	1.23
MAexp50:	1.24
MAexp100:	1.40
Price / MA7:	+42.86%
Price / MA20:	+51.26%
Price / MA50:	+55.17%
Price / MA100:	+27.66%
Price / MAexp7:	+34.33%
Price / MAexp20:	+46.34%
Price / MAexp50:	+45.16%
Price / MAexp100:	+28.57%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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