Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Borr Drilling Limited Common Shares (NYSE:BORR)
Countertrend Up (+85) - BORR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for BORR
The long-term trend has been UP since Oct 31st, 2022 at 4.6269
The intermediate-term trend has been UP since May 19th, 2023 at 7.2400
The short-term trend has been DOWN since May 25th, 2023 at 7.2100
Smart Scan Analysis for BORR
Based on our trend formula, BORR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.13||52wk High Date||2023-04-03|
|52wk Low||2.451||52wk Low Date||2022-07-14|
|Average Volume||1,027,910||Shares Outstanding||137,218|