Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Nabors Industries (NYSE:NBR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low NBR Price Change
2.430 2.480 2.310 2.425 +0.025
Entry Signal

MarketClub’s Trade Triangles for NBR

long term up The long term trend has been UP since Dec 18th, 2019 at 2.77

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 2.73

short term down The short term trend has been DOWN since Jan 8th, 2020 at 3.01

Smart Scan Analysis for NBR

Based on a pre-defined weighted trend formula for chart analysis, NBR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.430 2.480 2.310 2.425 +0.025
Prev. Close Volume Bid Ask Time
3.030 7820140 2020-01-28 15:59:49
Year High8.865Year High Date2018-05-17
Year Low3.4Year Low Date2018-11-28
52wk High4.0852wk High Date2019-04-23
52wk Low1.552wk Low Date2019-10-08
Year End Close14.45Average Volume8,967,511
Shares Outstanding363,416Short Interest7,705,650
% Institutional89.1Market Cap879M
P/E Ratio-1.1Beta2.49
Get a free daily report for Nabors Industries (NBR) - Free Trend Analysis Report.