Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Nabors Industries Ltd. (NYSE:NBR)
Long-Term Downtrend (-90) - NBR is in a strong downtrend that is likely to continue. While NBR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NBR
The long-term trend has been DOWN since Sep 26th, 2024 at 59.900
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 70.320
The short-term trend has been DOWN since Nov 12th, 2024 at 80.005
Smart Scan Analysis for NBR
Based on our trend formula, NBR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.1200 | 73.5535 | 70.2900 | 72.6300 | +0.1200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 72.8400 | 142032 | 2024-11-19 15:59:31 |
| Year High | 8.865 | Year High Date | 2018-05-17 |
| Year Low | 3.4 | Year Low Date | 2018-11-28 |
| 52wk High | 105.96 | 52wk High Date | 2024-07-31 |
| 52wk Low | 59.665 | 52wk Low Date | 2024-09-26 |
| Year End Close | 14.45 | Average Volume | 367,235 |
| Shares Outstanding | 10,709 | Short Interest | 7,705,650 |
| % Institutional | 89.1 | Market Cap | 879M |
| Assets | 455,363,600M | Liabilities | 436,227,300M |
| P/E Ratio | -1.43770000 | Beta | 2.49 |
| Volatility | 66.85 |