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(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.

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Newpark Resources is 945050

Date Daily Closing Price Open High Low Volume
16 Tue Jan 2024 6.07 6.30 6.44 6.04 0.793 times
12 Fri Jan 2024 6.30 6.41 6.49 6.21 1.498 times
12 Fri Jan 2024 6.30 6.41 6.49 6.21 1.498 times
11 Thu Jan 2024 6.31 6.33 6.37 6.18 0.853 times
10 Wed Jan 2024 6.28 6.27 6.29 6.19 1.247 times
09 Tue Jan 2024 6.26 6.35 6.38 6.18 1.045 times
08 Mon Jan 2024 6.35 6.34 6.37 6.15 0.855 times
05 Fri Jan 2024 6.39 6.35 6.43 6.33 0.591 times
04 Thu Jan 2024 6.34 6.68 6.71 6.34 0.837 times
03 Wed Jan 2024 6.58 6.61 6.73 6.53 0.931 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.3, but if it comes above 6.3, then a intra day buy could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 5.8 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.61 as target.

Share price targets for Newpark Resources (NR)

Target Type Value
Downside Target 5.99
Upside Target 6.61
Upside Target 6.73
Upside Target 6.75
Upside Target 7.12
Upside Target 7.33
Upside Target 7.54
Upside Target 7.63

Intraday share price targets for Newpark Resources (NR)

Target Type Value
Downside Intraday Target 5.93
Downside Intraday Target 5.78
Upside Intraday Target 6.33
Upside Intraday Target 6.58
Upside Intraday Target 6.18

Weekly technical analysis of Newpark Resources (NR)

Date Weekly Closing Price Open High Low Volume
16 Tue Jan 2024 6.07 6.30 6.44 6.04 0.529 times
12 Fri Jan 2024 6.30 6.41 6.49 6.21 0.272 times
12 Fri Jan 2024 6.30 6.34 6.49 6.15 1.831 times
05 Fri Jan 2024 6.39 6.65 6.73 6.33 2.515 times
29 Fri Dec 2023 6.64 6.71 6.73 6.61 0.391 times

Price has moved down 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 Tue Jan 2024 6.07 6.65 6.73 6.04 0.459 times
29 Fri Dec 2023 6.64 6.93 7.63 6.59 1.28 times
30 Thu Nov 2023 6.95 7.18 7.54 6.75 0.907 times
31 Tue Oct 2023 6.92 6.90 7.12 6.49 0.819 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newpark Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Newpark Resources in short term and the sell signal is strong.

Newpark Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newpark Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Newpark Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.31 and Newpark Resources (NR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newpark Resources ( (NR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newpark Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Newpark Resources in short term and the sell signal is strong.

Newpark Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newpark Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Newpark Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.31 and Newpark Resources (NR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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