Energy Services's 15-minute chart has exhibited a narrowing of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 08/27/2025 10:45. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers currently dominate the market and bearish momentum is likely to persist.
National Energy Services Reunited (NESR), a leading player in the energy services sector, has shown signs of a bearish trend in its 15-minute chart. As of August 27th, 2025, at 10:45, the company's Bollinger Bands have narrowed, accompanied by a bearish Marubozu candlestick pattern [2]. This narrowing indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers currently dominate the market and bearish momentum is likely to persist.
In its second quarter (Q2) 2025 earnings report, NESR reported a flat revenue of $327.4 million compared to the same period last year, with a 20% decrease in net income to $15.2 million [2]. The company's profit margin decreased to 4.6% from 5.8% in Q2 2024, while earnings per share (EPS) fell to $0.16 from $0.20 [2]. Despite these figures, revenue exceeded analyst estimates by 3.6%, while EPS missed estimates by 11% [2].
Looking ahead, NESR expects revenue to grow at an average of 4.5% per annum over the next three years, compared to a 3.1% industry growth forecast [2]. The company's shares have been up by 20% from a week ago, indicating investor optimism despite the recent earnings report [2].
The narrowing of Bollinger Bands and the bearish Marubozu pattern suggest that investors should closely monitor NESR's stock price trend. While the company's strategic initiatives may help stabilize profitability, the current market volatility poses challenges. Investors should keep an eye on the company's earnings reports and market trends to make informed decisions.
References:
[1] https://www.ainvest.com/news/blackboxstocks-2025-q2-earnings-worsening-losses-revenue-decline-2508/
[2] https://finance.yahoo.com/news/national-energy-services-reunited-second-192042728.html
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