Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Nabors Industries Ltd. (NYSE:NBR)

Weak Downtrend (-65) - NBR is showing signs of a strengthening downtrend. Monitor NBR as it may be building momentum to the downside.

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.

Open High Low NBR Price Change
82.07 83.58 78.98 79.36 -2.02
Entry Signal

MarketClub’s Trade Triangles for NBR

long term up The long-term trend has been UP since Mar 15th, 2024 at 90.68

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 84.06

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 86.24

Smart Scan Analysis for NBR

Based on our trend formula, NBR is rated as a -70 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
82.07 83.58 78.98 79.36 -2.02
Prev. Close Volume Bid Ask Time
79.39 165676 2024-04-12 15:59:43
Year High8.865Year High Date2018-05-17
Year Low3.4Year Low Date2018-11-28
52wk High141.4752wk High Date2023-09-19
52wk Low71.4252wk Low Date2024-01-17
Year End Close14.45Average Volume219,965
Shares Outstanding10,633Short Interest7,705,650
% Institutional89.1Market Cap879M
P/E Ratio-1.43770000Beta2.49
Get a free daily analysis and signals for Nabors Industries Ltd. (NBR) - Request Your Free Report.