Technical Analysis for 0O46 - Neste Oil Oyj

Grade Last Price % Change Price Change
F 22.26 -1.83% -0.42
0O46 closed down 1.83 percent on Friday, April 26, 2024, on 3 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New Downtrend Bearish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Earnings Movers Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%

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Profile

Neste Oil Oyj Description

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplastics based on its technology to wholesale markets. The Oil Products segment produces, markets, and sells diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, and gasoline components, as well as special fuels, such as small-engine gasoline, solvents, liquid gases, and bitumen. This segment serves retailers and distributors, oil majors and trading companies, petrochemicals companies, and companies marketing lubricants and solvents. The Marketing & Services segment markets and sells cleaner fuels and oil products, and associated services to private motorists, industry, transport companies, farmers, and heating oil customers through a network of service stations, as well as direct sales. The Others segment offers engineering solutions. The company was formerly known as Neste Oil Oyj and changed its name to Neste Oyj in June 2015. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland.


Classification

Is 0O46 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 45.95
52 Week Low 22.26
Average Volume 82,837
200-Day Moving Average 31.38
50-Day Moving Average 25.91
20-Day Moving Average 25.91
10-Day Moving Average 25.50
Average True Range 1.29
RSI (14) 25.93
ADX 26.39
+DI 9.30
-DI 31.04
Chandelier Exit (Long, 3 ATRs) 24.07
Chandelier Exit (Short, 3 ATRs) 26.13
Upper Bollinger Bands 28.82
Lower Bollinger Band 23.00
Percent B (%b) -0.13
BandWidth 22.47
MACD Line -0.55
MACD Signal Line -0.15
MACD Histogram -0.4014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.61
Resistance 3 (R3) 22.64 22.57 22.55
Resistance 2 (R2) 22.57 22.48 22.55 22.53
Resistance 1 (R1) 22.41 22.42 22.38 22.38 22.51
Pivot Point 22.34 22.34 22.32 22.32 22.34
Support 1 (S1) 22.18 22.25 22.15 22.15 22.01
Support 2 (S2) 22.11 22.19 22.09 21.99
Support 3 (S3) 21.95 22.11 21.97
Support 4 (S4) 21.92