Stronger Sell Today NR ranks #4590 as SELL CANDIDATE. Weaker Sell
Today NR ranks #4590 as SELL CANDIDATE.

NR stock Newpark Resources Inc

NR stock
Newpark Resources Inc

April 24, 2019
Change -3.71%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Social Sentiment for NR

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will NR stock price go up or down on Thu, 25 Apr 2019?

Newpark Resources Inc Forecast and Stock Analysis

Technical NR stock analysis for April 24, 2019.

Sell candidate since 2019-04-24
Shorts 9.26% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.66
ROA 3.63

Newpark Resources Inc fell by -3.71% in the last day from $8.90 to $8.57 and has now fallen 3 days in a row. The price has fallen in 7 of the last 10 days and is down by -5.51% for this period. Volume has increased in the last day by 196 181 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 542 524 shares bought and sold for approximately $4.65 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the NR stock was $8.57. This is 3.71% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 3.80% from a day low at $8.55 to a day high of $8.87.

30 day high of the NR stock price was $9.57 and low was $8.37.
90 day high was $9.68 and low was $7.94.
52 week high for the Newpark Resources Inc - $11.65 and low - $6.39.

Trend

Newpark Resources Inc lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.9% during the next 3 months and, with 90% probability hold a price between $8.53 and $10.31 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Newpark Resources Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $8.89 and $8.85. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday April 22, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 33 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Newpark Resources Inc finds support from accumulated volume at $8.52.

Support: $8.52 Price: $8.57 Resistance: $9.07

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.32 (3.80%) between high and low. For the last week, the stock has had a daily average volatility of 2.85%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The Newpark Resources Inc stock holds several negative signals and despite the positive trend we believe Newpark Resources Inc will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today NR ranks #4590 as SELL CANDIDATE. Weaker Sell
Today NR ranks #4590 as SELL CANDIDATE.