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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Nabors Industries Ltd. (NYSE:NBR)
Sidelines Mode (-55) - NBR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 15th, 2024 at 90.68
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 84.06
The short-term trend has been UP since Apr 19th, 2024 at 77.64
Smart Scan Analysis for NBR
Based on our trend formula, NBR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.430 | 78.210 | 75.680 | 76.615 | -0.425 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.040 | 155466 | 2024-04-19 15:59:35 |
| Year High | 8.865 | Year High Date | 2018-05-17 |
| Year Low | 3.4 | Year Low Date | 2018-11-28 |
| 52wk High | 141.47 | 52wk High Date | 2023-09-19 |
| 52wk Low | 71.42 | 52wk Low Date | 2024-01-17 |
| Year End Close | 14.45 | Average Volume | 215,961 |
| Shares Outstanding | 10,633 | Short Interest | 7,705,650 |
| % Institutional | 89.1 | Market Cap | 879M |
| Assets | 527,796,500M | Liabilities | 495,135,100M |
| P/E Ratio | -1.43770000 | Beta | 2.49 |
| Volatility | 66.85 |