NOV INC (NOV) Stock Technical Analysis
NYSE:NOV - New York Stock Exchange, Inc. - US62955J1034 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to NOV. Recently some decent action could be observed, but in the medium term time frame this is still negative. NOV was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than NOV.
NOV is one of the lesser performing stocks in the Energy Equipment & Services industry. 60% of 62 stocks in the same industry do better.
NOV 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 NOV has a been trading in the 12.28 - 14.06 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 4033990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.69. Right above this resistance zone may be a good entry point.
More info and screens
11.71
18.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.13 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.58 to 12.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.83 to 11.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 13.69 to 13.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.79 from a trend line in the daily time frame.
- Resistance @16.59 from a horizontal line in the daily time frame.
- Resistance @18.19 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NOV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOV is up. |
| ChartMill Relative Strength | 18.27 | NEGATIVE | NOV has a low relative strength, it was outperformed by 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.91 | NEUTRAL | The RSI value for NOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NOV has a positive trend. |
| Stochastics (14,3) | 83.16 | OVERBOUGHT | The high Stochastics value suggests NOV may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV suggests some volalility. |
| Average Directional Index/ADX (14) | 13.18 | NEGATIVE | The low ADX value for NOV suggests a weak or negative 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)
NYSE:NOV (7/14/2025, 10:06:09 AM)
13.325
-0.36 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.6%
1 Week4.59%
2 Weeks5.23%
1 Month2.32%
3 Month15.54%
6 Month-5.66%
12 Month-26.13%
2 Year-31.87%
3 Year-26.49%
5 Year18.85%
10 Year-67.53%
15 Year-61.22%
Volatility
ATR(14)0.45
ATR(20)%3.11%
ATR Inc3.07%
Range Today0.28
ADR(20)0.42
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.27
Mansfield-1.58
10 Day High13.85
10 Day Low12.28
20 Day High14.06
20 Day Low12.28
52 Week High21.2
52 Week Low10.84
CS1 End13.27
CR1 Start13.69
Volume & EV
DER(3)-1.61%
DER(5)0.67%
Volume192.48K
Volume Incr-20.4%
Vol(5)3.67M
Vol(50)4.03M