NABORS INDUSTRIES LTD (NBR)

BMG6359F1370 - Common Stock

76.28  -5.08 (-6.24%)

After market: 76.28 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, NBR scores 4 out of 10 in our technical rating. NBR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

85% of all other stocks performed better in the past year than NBR.
NBR is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry, of which 65% are performing better than NBR.
NBR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NBR has a been trading in the 59.66 - 83.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NBR Weekly chart
NBR Daily chart
Setup Rating and Analysis

3

NBR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

60.28

92.08

We found 2 important support areas.

  • A support zone ranging from 75.53 to 76.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @60.89 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 81.30 to 81.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @91.17 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.53
Mansfield-1.69
10 Day High83.34
10 Day Low59.67
20 Day High83.34
20 Day Low59.67
52 Week High127.56
52 Week Low59.67
Performance
1 Week10.82%
2 Weeks6.66%
1 Month15.65%
3 Month1.05%
6 Month-3.92%
12 Month-35.55%
2 Year-56.17%
3 Year-25.58%
5 Year-17.54%
10 Year-91.45%
15 Year-92.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)2.05
RSI(14)55.54
LBB57.83
UBB83.32
NBR Daily chart

NABORS INDUSTRIES LTD

NYSE:NBR (10/8/2024, 8:12:57 PM)

After market: 76.28 0 (0%)

76.28

-5.08 (-6.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-6.24%
1 Week10.82%
2 Weeks6.66%
1 Month15.65%
3 Month1.05%
6 Month-3.92%
12 Month-35.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.67
ATR(20)%5.96%
ATR Inc
Range Today4.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High83.34
10 Day Low59.67
20 Day High83.34
20 Day Low59.67
52 Week High127.56
52 Week Low59.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume426.30K
Volume Incr14.38%
Vol(5)482.54K
Vol(50)362.21K