NABORS INDUSTRIES LTD (NBR) Stock Technical Analysis
USA - NYSE:NBR - BMG6359F1370 - Common Stock
43.9 USD
-0.68 (-1.53%)
We assign a technical rating of 7 out of 10 to NBR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NBR is a bad performer.
When comparing the yearly performance of all stocks, NBR is a bad performer in the overall market: 79% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month NBR has a been trading in the 36.62 - 45.32 range, which is quite wide. It is currently trading near the high of this range.
NBR is an average performer in the Energy Equipment & Services industry, it outperforms 44% of 61 stocks in the same industry.
NBR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NBR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 41.57, a Stop Loss order could be placed below this zone.
More info and screens
35.18
45.04
We found 2 important support areas.
- A support zone ranging from 40.51 to 41.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.54 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.57 to 44.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBR is up. |
| ChartMill Relative Strength | 21.35 | NEGATIVE | NBR has a low relative strength, it was outperformed by 78.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NBR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.28 | NEUTRAL | The RSI value for NBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NBR has a positive trend. |
| Stochastics (14,3) | 84.25 | OVERBOUGHT | The high Stochastics value suggests NBR may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for NBR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for NBR suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.33 | 40.50 | 4.83 (10.66%) | 9.39% |
| An entry @45.33. This is a Buy Stop order right above the 10 day high. | An exit @40.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.83 points, which is 10.66%. | For a 1.00% total portfolio risk, you can invest 9.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NBR (10/7/2025, 3:09:40 PM)
43.9
-0.68 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.53%
1 Week7.53%
2 Weeks14.96%
1 Month13.99%
3 Month30.66%
6 Month54.85%
12 Month-44.25%
2 Year-54.34%
3 Year-74.38%
5 Year56.86%
10 Year-91.12%
15 Year-95.73%
Volatility
ATR(14)2.22
ATR(20)%4.75%
ATR Inc8.62%
Range Today2.81
ADR(20)2.03
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.35
Mansfield-1.24
10 Day High45.32
10 Day Low39.11
20 Day High45.32
20 Day Low36.62
52 Week High86.1
52 Week Low23.27
CS1 End41.57
CR1 StartN/A
Volume & EV
DER(3)-2.02%
DER(5)-0.37%
Volume198.01K
Volume Incr-30.56%
Vol(5)346.93K
Vol(50)525.10K