NABORS INDUSTRIES LTD (NBR)

BMG6359F1370 - Common Stock

53.77  -1.02 (-1.86%)

After market: 53.77 0 (0%)

Technical Rating and Analysis

0

Overall NBR gets a technical rating of 0 out of 10. NBR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NBR is a bad performer in the overall market: 89% of all stocks are doing better.
NBR is one of the lesser performing stocks in the Energy Equipment & Services industry. 74% of 59 stocks in the same industry do better.
NBR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NBR is lagging the market.
In the last month NBR has a been trading in the 53.45 - 78.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
NBR Weekly chart
NBR Daily chart
Setup Rating and Analysis

3

The technical rating of NBR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

53.23

86.99

4 important resistance areas can be observed.

  • Resistance @66.09 from a trend line in the daily time frame.
  • Resistance @73.57 from a trend line in the weekly time frame.
  • Resistance @76.09 from a trend line in the daily time frame.
  • A resistance zone ranging from 85.57 to 86.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.68
Mansfield-3.63
10 Day High70.15
10 Day Low53.45
20 Day High78.97
20 Day Low53.45
52 Week High105.96
52 Week Low53.45
Performance
1 Week-17.76%
2 Weeks-19.35%
1 Month-28.72%
3 Month-20.13%
6 Month-20.21%
12 Month-36.01%
2 Year-65.28%
3 Year-33.69%
5 Year-62.66%
10 Year-91.71%
15 Year-95.09%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.59
RSI(14)20.46
LBB52.72
UBB76.16
NBR Daily chart

NABORS INDUSTRIES LTD

NYSE:NBR (12/20/2024, 8:26:34 PM)

After market: 53.77 0 (0%)

53.77

-1.02 (-1.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.86%
1 Week-17.76%
2 Weeks-19.35%
1 Month-28.72%
3 Month-20.13%
6 Month-20.21%
12 Month-36.01%
2 Year-65.28%
3 Year-33.69%
5 Year-62.66%
10 Year-91.71%
15 Year-95.09%
Volatility
ATR(14)3.6
ATR(20)%6.47%
ATR Inc-2.85%
Range Today2.76
ADR(20)3.35
ADR(20)%6.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.68
Mansfield-3.63
10 Day High70.15
10 Day Low53.45
20 Day High78.97
20 Day Low53.45
52 Week High105.96
52 Week Low53.45
CS1 EndN/A
CR1 Start66.09
Volume & EV
DER(3)-1.5%
DER(5)0.46%
Volume629.80K
Volume Incr60.47%
Vol(5)480.92K
Vol(50)346.81K