NOV INC (NOV) Technical Analysis
NYSE:NOV • US62955J1034
Current stock price
NOV Technical Rating and Analysis
Taking everything into account, NOV scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, NOV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- NOV is one of the lesser performing stocks in the Energy Equipment & Services industry. 63% of 61 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, NOV did better than 81% of all other stocks.
- NOV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NOV is lagging the market slightly.
- In the last month NOV has a been trading in the 17.82 - 20.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- NOV has an average volume of 5047580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOV Weekly and Daily overview Charts
NOV Setup Rating and Analysis
Besides having an excellent technical rating, NOV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
NOV Support and Resistance Analysis
11.88
2 important support areas can be observed.
- A support zone ranging from 18.19 to 18.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.10 to 19.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.39 to 20.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
NOV Technical Indicator Signal Analysis
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 NOV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOV is neutral. |
| ChartMill Relative Strength | 81.57 | POSITIVE | NOV has a high relative strength, it outperformed 81.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NOV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.36 | NEUTRAL | The RSI value for NOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NOV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.74 | NEUTRAL | The Stochastics value for NOV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV suggests some volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for NOV suggests a weak or negative trend. |
NOV Chart- and CandleStick Pattern Analysis
NOV Example Setup
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 |
|---|---|---|---|
| 19.54 | 19.09 | 0.45 (2.30%) | 25.00% |
| An entry @19.54. This is a Buy Stop order right above the resistance zone. | An exit @19.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.45 points, which is 2.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of NOV. Please evaluate whether better entry and exit points can be found.
- 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.
NOV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:NOV (4/15/2026, 10:35:06 AM)
18.905
-0.2 (-1.02%)
NOV INC / NOV TA FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 8 / 10 to NOV.
Can you provide the trend direction for NOV INC?
The current trend direction for NOV INC (NOV) is Bullish.
What is the RSI signal for NOV INC (NOV) stock?
NOV INC (NOV) has an RSI value of 49.3589. This indicates that the stock is currently neutral.
What is the short term momentum for NOV INC (NOV) stock?
The short term momentum for NOV INC (NOV) is neutral.