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20 Day Moving Average Resistance appears for NESR after 3.69% move
NESR posted a 3.69% loss on Wednesday, June 17th, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 23.55, 23.08 & 22.18, with resistance at 24.93, 25.83 & 26.3.
Current SwingTradeBot Technical Rating of NESR: B
See all signals and full analysis for NESR on SwingTradeBot.com →
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