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Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Nabors Industries Ltd. (NYSE:NBR)

Countertrend Up (+85) - NBR 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 NBR?

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

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

NYSE_NBR
Open High Low NBR Price Change
122.58 123.71 118.78 120.59 -2.32
Entry Signal

MarketClub’s Trade Triangles for NBR

long term up The long-term trend has been UP since Oct 14th, 2021 at 120.95

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 89.77

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 122.33

Smart Scan Analysis for NBR

Based on our trend formula, NBR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.58 123.71 118.78 120.59 -2.32
Prev. Close Volume Bid Ask Time
120.60 103155 2021-10-22 15:59:50
Year High8.865Year High Date2018-05-17
Year Low3.4Year Low Date2018-11-28
52wk High133.6152wk High Date2021-03-08
52wk Low2552wk Low Date2020-10-29
Year End Close14.45Average Volume144,808
Shares Outstanding8,242Short Interest7,705,650
% Institutional89.1Market Cap879M
Assets504,231,800MLiabilities422,339,900M
P/E Ratio-1.4377Beta2.49
Volatility66.85
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