Logo image of NBR

NABORS INDUSTRIES LTD (NBR) Stock Technical Analysis

NYSE:NBR - New York Stock Exchange, Inc. - BMG6359F1370 - Common Stock - Currency: USD

58.24  -0.94 (-1.59%)

After market: 58.24 0 (0%)

Technical Rating and Analysis

1

Overall NBR gets a technical rating of 1 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than NBR.
NBR is part of the Energy Equipment & Services industry. There are 58 other stocks in this industry, of which 87% are performing better than NBR.
NBR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NBR has a been trading in the 53.60 - 69.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NABORS INDUSTRIES LTD / NBR Weekly stock chart
NABORS INDUSTRIES LTD / NBR Daily stock 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

57.66

86.99

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 64.49 to 65.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @66.71 from a horizontal line in the weekly time frame.
  • Resistance @69.41 from a trend line in the daily time frame.
  • Resistance @80.94 from a trend line in the weekly time frame.
  • Resistance @86.13 from a horizontal line in the daily time frame.
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
CRS11.6
Mansfield-2.89
10 Day High69.2
10 Day Low57.5
20 Day High69.2
20 Day Low53.6
52 Week High105.96
52 Week Low50.15
Performance
1 Week-9.68%
2 Weeks-14.48%
1 Month7.35%
3 Month-19.12%
6 Month-30.98%
12 Month-25.4%
2 Year-67.2%
3 Year-43.73%
5 Year-43.73%
10 Year-89.88%
15 Year-94.78%
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)-0.47
RSI(14)38.01
LBB57.4
UBB69.91
NABORS INDUSTRIES LTD / NBR Daily stock chart

NABORS INDUSTRIES LTD

NYSE:NBR (1/30/2025, 8:04:00 PM)

After market: 58.24 0 (0%)

58.24

-0.94 (-1.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.59%
1 Week-9.68%
2 Weeks-14.48%
1 Month7.35%
3 Month-19.12%
6 Month-30.98%
12 Month-25.4%
2 Year-67.2%
3 Year-43.73%
5 Year-43.73%
10 Year-89.88%
15 Year-94.78%
Volatility
ATR(14)3.13
ATR(20)%5.41%
ATR Inc-33.87%
Range Today2.3
ADR(20)3.05
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.6
Mansfield-2.89
10 Day High69.2
10 Day Low57.5
20 Day High69.2
20 Day Low53.6
52 Week High105.96
52 Week Low50.15
CS1 EndN/A
CR1 Start64.49
Volume & EV
DER(3)-1.58%
DER(5)-1.67%
Volume188.30K
Volume Incr-15.3%
Vol(5)239.86K
Vol(50)305.23K