NOV INC (NOV) Stock Technical Analysis
USA - NYSE:NOV - US62955J1034 - Common Stock
12.69 USD
-0.12 (-0.94%)
12.69 USD
0 (0%)
Taking everything into account, NOV scores 1 out of 10 in our technical rating. NOV'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.
When comparing the yearly performance of all stocks, NOV is a bad performer in the overall market: 80% of all stocks are doing better.
NOV is one of the lesser performing stocks in the Energy Equipment & Services industry. 61% of 61 stocks in the same industry do better.
In the last month NOV has a been trading in the 12.29 - 13.90 range, which is quite wide. It is currently trading near the lows of this range.
NOV has an average volume of 3458280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOV is lagging the market.
NOV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
11.49
14.31
3 important support areas can be observed.
- Support @12.31 from a trend line in the daily time frame.
- A support zone ranging from 11.83 to 11.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.61 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.91 to 13.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.55 from a trend line in the daily time frame.
- A resistance zone ranging from 13.80 to 14.17. 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 | NEUTRAL | NEUTRAL | The long term trend for NOV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV is down. |
| ChartMill Relative Strength | 20.93 | NEGATIVE | NOV has a low relative strength, it was outperformed by 79.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOV is below a declining 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) | DOWN | NEGATIVE | The current price of NOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for NOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.59 | NEUTRAL | The Stochastics value for NOV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.49 | 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)
12.69
-0.12 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.94%
1 Week-3.5%
2 Weeks-4.08%
1 Month-2.16%
3 Month-1.78%
6 Month1.28%
12 Month-17.86%
2 Year-36.42%
3 Year-43.35%
5 Year51.07%
10 Year-66.29%
15 Year-73.8%
Volatility
ATR(14)0.44
ATR(20)%3.48%
ATR Inc-20.42%
Range Today0.34
ADR(20)0.41
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.93
Mansfield-1.67
10 Day High13.91
10 Day Low12.29
20 Day High13.91
20 Day Low12.29
52 Week High16.86
52 Week Low10.84
CS1 End12.31
CR1 Start12.91
Volume & EV
DER(3)-0.73%
DER(5)-0.2%
Volume3.05M
Volume Incr-30.16%
Vol(5)2.76M
Vol(50)3.46M