(NR) Newpark Resources complete technical analysis [charts+indicators] | Buy/Sell Newpark Resources | (NR) share price targets
Complete technical analysis of Newpark Resources (NR) by charts plus indicators, forecast predictions and share price targets for Newpark Resources (NR)
Newpark Resources trades in USA in Energy sector.
10 day averaged volume of Newpark Resources is 607765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.76 | 7.68 | 7.79 | 7.68 | 0.781 times |
| 15 Wed May 2024 | 7.68 | 7.56 | 7.72 | 7.44 | 0.642 times |
| 14 Tue May 2024 | 7.56 | 7.36 | 7.60 | 7.33 | 0.9 times |
| 13 Mon May 2024 | 7.34 | 7.60 | 7.61 | 7.32 | 0.566 times |
| 10 Fri May 2024 | 7.57 | 7.69 | 7.71 | 7.53 | 0.931 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.8, for a target of 7.6 or 7.33
Share price targets for Newpark Resources (NR)
| Target Type | Value |
| Downside Target | 5.61 |
| Downside Target | 5.86 |
| Downside Target | 6.46 |
| Downside Target | 6.64 |
| Downside Target | 7.13 |
| Downside Target | 7.54 |
| Downside Target | 7.61 |
| Downside Target | 7.66 |
| Downside Target | 7.71 |
| Upside Target | 7.79 |
| Upside Target | 7.84 |
Intraday share price targets for Newpark Resources (NR)
| Target Type | Value |
| Downside Intraday Target | 7.46 |
| Downside Intraday Target | 7.15 |
| Upside Intraday Target | 7.93 |
| Upside Intraday Target | 8.09 |
| Downside Intraday Target | 7.62 |
Weekly technical analysis of Newpark Resources (NR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.76 | 7.60 | 7.79 | 7.32 | 0.486 times |
| 10 Fri May 2024 | 7.57 | 7.23 | 7.71 | 7.14 | 1.376 times |
| 03 Fri May 2024 | 7.10 | 7.24 | 7.66 | 6.82 | 1.318 times |
| 26 Fri Apr 2024 | 7.27 | 7.32 | 7.44 | 7.13 | 0.756 times |
| 19 Fri Apr 2024 | 7.39 | 7.44 | 7.61 | 7.24 | 1.089 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Newpark Resources (NR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 7.76 | 6.97 | 7.79 | 6.82 | 0.701 times |
| 30 Tue Apr 2024 | 6.94 | 7.30 | 7.84 | 6.94 | 0.821 times |
| 28 Thu Mar 2024 | 7.22 | 6.47 | 7.54 | 6.46 | 0.908 times |
| 29 Thu Feb 2024 | 6.43 | 6.53 | 6.64 | 5.61 | 0.817 times |
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Newpark Resources (NR)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 20, 23 | Buy |
| MACD | 0, 0 | Buy |
| Stochastics | 91 | Buy |
| CCI | 134 | Buy |
| RSI | 56 | Buy |
| OBV | 653251 | Sell |
| VWAP | 7 | Buy |
| ADL | 0 | Sell |
| ROC | 11 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newpark Resources ( (NR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newpark Resources ( (NR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Newpark Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Newpark Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newpark Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Newpark Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newpark Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.43 and Newpark Resources (NR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Newpark Resources (NR) stock. Volume based technical analysis of Newpark Resources (NR) stock is negative.
Newpark Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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