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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
NOV Inc. (NYSE:NOV)
Sidelines Mode (-55) - NOV 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 NOV?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOV
The long-term trend has been DOWN since Nov 16th, 2023 at 18.37
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 18.98
The short-term trend has been UP since May 6th, 2024 at 18.87
Smart Scan Analysis for NOV
Based on our trend formula, NOV is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.03 | 19.22 | 18.92 | 19.13 | +0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.92 | 300387 | 2024-05-09 11:23:23 |
| Year High | 49.08 | Year High Date | 2018-07-31 |
| Year Low | 31.3 | Year Low Date | 2018-11-23 |
| 52wk High | 21.905 | 52wk High Date | 2023-09-05 |
| 52wk Low | 14.05 | 52wk Low Date | 2023-05-31 |
| Year End Close | 68.35 | Average Volume | 3,244,496 |
| Shares Outstanding | 395,536 | Short Interest | 4,317,688 |
| % Institutional | 87.1 | Market Cap | 9,276M |
| Assets | 113,050,000M | Liabilities | 505,900,000M |
| P/E Ratio | 7.629 | Beta | 2.15 |
| Volatility | 36.56 |