National Energy Services Reunited (NESR, $6.66) price may drop as it broke higher Bollinger Band on May 13, 2025

#OilfieldServicesEquipment, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #MicroCap
NESR - National Energy Services Reunited Corp
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $6.66
Daily change: +$0.17 (+2.62%)
Daily volume: 189.5K
Capitalization: $639.7M
Industry: Oilfield Services/Equipment

This price move could be a signal that NESR may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where NESR's price broke its higher Bollinger Band, and 45 of them led to a successful outcome. Odds of Success: 90%.