(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 2024-02-08 View latest technical analysis
10 day averaged volume of Newpark Resources is 652260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 6.17 | 6.04 | 6.18 | 6.04 | 0.879 times |
| 07 Wed Feb 2024 | 6.06 | 6.02 | 6.09 | 5.94 | 0.764 times |
| 06 Tue Feb 2024 | 6.01 | 6.00 | 6.04 | 5.93 | 0.775 times |
| 05 Mon Feb 2024 | 5.95 | 5.93 | 5.97 | 5.86 | 1.011 times |
| 02 Fri Feb 2024 | 6.00 | 6.22 | 6.25 | 5.98 | 0.944 times |
| 01 Thu Feb 2024 | 6.25 | 6.53 | 6.64 | 6.23 | 1.079 times |
| 31 Wed Jan 2024 | 6.49 | 6.61 | 6.65 | 6.41 | 1.656 times |
| 30 Tue Jan 2024 | 6.61 | 6.41 | 6.62 | 6.32 | 1.05 times |
| 29 Mon Jan 2024 | 6.53 | 6.54 | 6.54 | 6.42 | 0.824 times |
| 26 Fri Jan 2024 | 6.58 | 6.46 | 6.62 | 6.45 | 0.84 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 6.1 as stoploss in an intra day buy trade for a target of 6.26. However, stock will show a bearish move below 6.1.
Share price targets for Newpark Resources (NR)
| Target Type | Value |
| Downside Target | 5.86 |
| Downside Target | 5.98 |
| Upside Target | 6.18 |
| 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 | 5.96 |
| Downside Intraday Target | 5.75 |
| Upside Intraday Target | 6.28 |
| Upside Intraday Target | 6.39 |
| Downside Intraday Target | 6.07 |
Weekly technical analysis of Newpark Resources (NR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 6.17 | 5.93 | 6.18 | 5.86 | 0.618 times |
| 02 Fri Feb 2024 | 6.00 | 6.54 | 6.65 | 5.98 | 1.097 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 |
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 |
| 08 Thu Feb 2024 | 6.17 | 6.53 | 6.64 | 5.86 | 0.192 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 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 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 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 losing momentum.
MACD generated a SELL signal for Newpark Resources in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 6.28 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 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 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 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 losing momentum.
MACD generated a SELL signal for Newpark Resources in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 6.28 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.