NABORS INDUSTRIES LTD (NBR)
BMG6359F1370 - Common Stock
We assign a technical rating of 7 out of 10 to NBR. In the last year, NBR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NBR has a been trading in the 67.64 - 102.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, NBR outperforms 63% of them, which is more or less in line with the market.
NBR is part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, NBR did better than 60% of them.
NBR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NBR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NBR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
74.99
102.76
When analyzing the support we can see 2 important areas.
- Support @84.30 from a trend line in the daily time frame.
- Support @75.75 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.72
Mansfield-0.1
10 Day High102.5
10 Day Low74.38
20 Day High102.5
20 Day Low67.64
52 Week High141.47
52 Week Low59.9
Performance
1 Week23.95%
2 Weeks34.77%
1 Month44.64%
3 Month31.79%
6 Month16.38%
12 Month-15.12%
2 Year-28.6%
3 Year16.26%
5 Year-31.26%
10 Year-92.51%
15 Year-88.04%
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)2.35
RSI(14)77.34
LBB66.35
UBB101.27
NABORS INDUSTRIES LTD
NYSE:NBR (7/26/2024, 7:04:00 PM)
After market: 99.43 -2.31 (-2.27%)101.74
+0.93 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.92%
1 Week23.95%
2 Weeks34.77%
1 Month44.64%
3 Month31.79%
6 Month16.38%
12 Month-15.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.78
ATR(20)%4.71%
ATR Inc
Range Today5.72
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 High102.5
10 Day Low74.38
20 Day High102.5
20 Day Low67.64
52 Week High141.47
52 Week Low59.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume366.30K
Volume Incr44.36%
Vol(5)430.76K
Vol(50)255.46K