(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 2024-02-01 View latest technical analysis
10 day averaged volume of Newpark Resources is 713810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 6.25 | 6.53 | 6.64 | 6.23 | 0.986 times |
| 31 Wed Jan 2024 | 6.49 | 6.61 | 6.65 | 6.41 | 1.513 times |
| 30 Tue Jan 2024 | 6.61 | 6.41 | 6.62 | 6.32 | 0.959 times |
| 29 Mon Jan 2024 | 6.53 | 6.54 | 6.54 | 6.42 | 0.753 times |
| 26 Fri Jan 2024 | 6.58 | 6.46 | 6.62 | 6.45 | 0.767 times |
| 25 Thu Jan 2024 | 6.46 | 6.56 | 6.61 | 6.38 | 0.967 times |
| 24 Wed Jan 2024 | 6.46 | 6.43 | 6.48 | 6.32 | 0.932 times |
| 23 Tue Jan 2024 | 6.35 | 6.32 | 6.49 | 6.31 | 1.048 times |
| 22 Mon Jan 2024 | 6.31 | 6.09 | 6.35 | 6.05 | 0.912 times |
| 19 Fri Jan 2024 | 6.09 | 6.06 | 6.12 | 5.98 | 0.999 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.2 as stoploss in an intra day buy trade for a target of 6.33. However, stock will show a bearish move below 6.2.
Share price targets for Newpark Resources (NR)
| Target Type | Value |
| Downside Target | 5.86 |
| Downside Target | 6.05 |
| Upside Target | 6.44 |
| Upside Target | 6.62 |
| Upside Target | 6.64 |
| Upside Target | 6.65 |
| Upside Target | 6.73 |
| Upside Target | 6.75 |
| Upside Target | 7.12 |
| Upside Target | 7.54 |
| Upside Target | 7.63 |
Intraday share price targets for Newpark Resources (NR)
| Target Type | Value |
| Downside Intraday Target | 6.1 |
| Downside Intraday Target | 5.96 |
| Upside Intraday Target | 6.52 |
| Upside Intraday Target | 6.8 |
| Upside Intraday Target | 6.38 |
Weekly technical analysis of Newpark Resources (NR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 6.25 | 6.54 | 6.65 | 6.23 | 0.91 times |
| 26 Fri Jan 2024 | 6.58 | 6.09 | 6.62 | 6.05 | 0.958 times |
| 19 Fri Jan 2024 | 6.09 | 6.30 | 6.44 | 5.86 | 2.434 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 |
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 |
| 01 Thu Feb 2024 | 6.25 | 6.53 | 6.64 | 6.23 | 0.038 times |
| 31 Wed Jan 2024 | 6.49 | 6.65 | 6.73 | 5.86 | 0.832 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 |
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 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 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 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 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 BUY signal for Newpark Resources in short term but the buy signal is initial and weak.
Newpark Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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
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 6.41 and Newpark Resources (NR) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 BUY signal for Newpark Resources in short term but the buy signal is initial and weak.
Newpark Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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
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 6.41 and Newpark Resources (NR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.