Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Nabors Industries Ltd SER A PR (NYSE:NBR.PR.A)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.
MarketClub’s Trade Triangles for NBR.PR.A
The long term trend has been UP since Dec 18th, 2019 at 22.000
The intermediate term trend has been DOWN since Jan 17th, 2020 at 22.080
The short term trend has been DOWN since Jan 8th, 2020 at 23.725
Smart Scan Analysis for NBR.PR.A
Based on a pre-defined weighted trend formula for chart analysis, NBR.PR.A scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||57.1008||Year High Date||2018-05-17|
|Year Low||26.41||Year Low Date||2018-11-28|
|52wk High||57.1008||52wk High Date||2018-05-17|
|52wk Low||26.41||52wk Low Date||2018-11-28|