NOV INC (NOV) Technical Analysis

NYSE:NOVUS62955J1034

Current stock price

18.905 USD
-0.2 (-1.02%)
Last:

NOV Technical Rating and Analysis

8

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 INC / NOV Weekly stock chart
NOV INC / NOV Daily stock chart

NOV Setup Rating and Analysis

6

Besides having an excellent technical rating, NOV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

NOV Support and Resistance Analysis

11.88

20.84

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NOV is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for NOV is neutral.
ChartMill Relative Strength81.57POSITIVENOV has a high relative strength, it outperformed 81.57% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of NOV is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of NOV is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NOV is above the rising SMA(200).
Relative Strength Index/RSI (14)49.36NEUTRALThe RSI value for NOV is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests NOV has a positive trend, although the MACD value is declining.
Stochastics (14,3)57.74NEUTRALThe Stochastics value for NOV is a neutral value.
Average True Range in percent/ATR (20)3.21MEDIUM VOLATILITYThe ATR as a percentage value for NOV suggests some volalility.
Average Directional Index/ADX (14)12.82NEGATIVEThe low ADX value for NOV suggests a weak or negative trend.

NOV Chart- and CandleStick Pattern Analysis

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)

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.

ENTRYEXITDISTANCECAPITAL
19.5419.090.45 (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

NOV INC / NOV Daily stock chart

NOV INC

NYSE:NOV (4/15/2026, 10:35:06 AM)

18.905

-0.2 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.02%
1 Week-2.35%
2 Weeks2.91%
1 Month5%
3 Month6.11%
6 Month50.87%
12 Month52.43%
2 Year3.3%
3 Year14.03%
5 Year27.76%
10 Year-47%
15 Year-72.35%
Volatility
ATR(14)0.58
ATR(20)%3.21%
ATR Inc-28.55%
Range Today0.33
ADR(20)0.57
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.57
3 months CRS79.21
6 months CRS94.47
Mansfield1.84
10 Day High19.84
10 Day Low18.35
20 Day High20.18
20 Day Low17.82
52 Week High20.86
52 Week Low11.44
CS1 End19.1
CR1 Start19.13
Volume & EV
DER(3)-0.34%
DER(5)-0.28%
Volume1.94M
Volume Incr-2.95%
Vol(5)4.79M
Vol(50)5.05M

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.