Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top NGS on April 30, 2024, netting in a 5.44% gain over 1 week

A.I.dvisor
at Tickeron.com
05/02/24
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+5.44% Gain from a Successful pattern Head-and-Shoulders Top
NGS - Natural Gas Services Group
Ticker: NGS
Company: Natural Gas Services Group
Gain from shortening: +5.44%
Confirmed: 04/30/24
Succeeded: 05/01/24
Total length: 9 days
On April 22, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Natural Gas Services Group (NGS, $23.73). 8 days later, on April 30, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 01, 2024, the stock hit the target price of $22.06 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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NGSDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of natural gas compression equipment and industrial flare systems

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
404 Veterans Airpark Lane
Phone
+1 432 262-2700
Employees
266
Web
https://www.ngsgi.com