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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Borr Drilling Limited Common Shares (NYSE:BORR)

Sidelines Mode (-55) - BORR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BORR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BORR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BORR
Open High Low BORR Price Change
5.57 5.70 5.55 5.70 +0.08
Entry Signal

MarketClub’s Trade Triangles for BORR

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 6.75

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 6.26

short term up The short-term trend has been UP since May 3rd, 2024 at 5.44

Smart Scan Analysis for BORR

Based on our trend formula, BORR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BORR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.57 5.70 5.55 5.70 +0.08
Prev. Close Volume Bid Ask Time
5.70 959853 2024-05-08 15:59:35
52wk High9.0152wk High Date2023-08-04
52wk Low5.1952wk Low Date2024-04-30
Average Volume2,168,212Shares Outstanding137,218
Market Cap774MAssets308,010,000M
Liabilities209,610,000MP/E Ratio63.3333
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