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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.
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MarketClub’s Trade Triangles for NBR
The long-term trend has been UP since Oct 14th, 2021 at 120.95
The intermediate-term trend has been UP since Sep 24th, 2021 at 89.77
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).
| 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 High | 8.865 | Year High Date | 2018-05-17 |
| Year Low | 3.4 | Year Low Date | 2018-11-28 |
| 52wk High | 133.61 | 52wk High Date | 2021-03-08 |
| 52wk Low | 25 | 52wk Low Date | 2020-10-29 |
| Year End Close | 14.45 | Average Volume | 144,808 |
| Shares Outstanding | 8,242 | Short Interest | 7,705,650 |
| % Institutional | 89.1 | Market Cap | 879M |
| Assets | 504,231,800M | Liabilities | 422,339,900M |
| P/E Ratio | -1.4377 | Beta | 2.49 |
| Volatility | 66.85 |