NABORS INDUSTRIES LTD (NBR)

BMG6359F1370 - Common Stock

76  -0.53 (-0.69%)

After market: 76 0 (0%)

Technical Rating and Analysis

0

Overall NBR gets a technical rating of 0 out of 10. NBR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than NBR.
NBR is one of the lesser performing stocks in the Energy Equipment & Services industry. 84% of 65 stocks in the same industry do better.
NBR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NBR is lagging the market.
NBR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Weekly and Daily overview Charts
NBR Weekly chart
NBR Daily chart
Setup Rating and Analysis

3

The technical rating of NBR is bad and it also does not present a 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

72.89

98.58

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 75.78 to 75.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 73.63 to 73.63. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 82.54 to 83.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @85.75 from a trend line in the daily time frame.
  • A resistance zone ranging from 88.90 to 89.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @97.60 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
CRS17
Mansfield-2.81
10 Day High88.9
10 Day Low73.21
20 Day High91.91
20 Day Low73.21
52 Week High141.47
52 Week Low71.42
Performance
1 Week-2.86%
2 Weeks-13.82%
1 Month-12.26%
3 Month-13.06%
6 Month-26.09%
12 Month-23.8%
2 Year-50.85%
3 Year-6%
5 Year-56.57%
10 Year-94.04%
15 Year-90.01%
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)-1.19
RSI(14)36.44
LBB70.78
UBB92.5
NBR Daily chart

NABORS INDUSTRIES LTD

NYSE:NBR (4/22/2024, 7:17:27 PM)

After market: 76 0 (0%)

76

-0.53 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.69%
1 Week-2.86%
2 Weeks-13.82%
1 Month-12.26%
3 Month-13.06%
6 Month-26.09%
12 Month-23.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.61
ATR(20)%4.83%
ATR Inc
Range Today3.04
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 High88.9
10 Day Low73.21
20 Day High91.91
20 Day Low73.21
52 Week High141.47
52 Week Low71.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume201.60K
Volume Incr19.62%
Vol(5)253.31K
Vol(50)221.52K