NOV INC (NOV)
US62955J1034 - Common Stock
Overall NOV gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NOV was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NOV is a bad performer in the overall market: 82% of all stocks are doing better.
NOV is one of the lesser performing stocks in the Energy Equipment & Services industry. 66% of 60 stocks in the same industry do better.
NOV 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 NOV has a been trading in the 15.13 - 16.86 range, which is quite wide. It is currently trading near the high of this range.
NOV has an average volume of 4008760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, NOV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NOV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.68
20.72
We found 3 important support areas.
- A support zone ranging from 15.96 to 16.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.17 to 15.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.83 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 16.40 to 16.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.54 from a horizontal line in the daily time frame.
- Resistance @18.91 from a trend line in the weekly time frame.
- Resistance @19.71 from a trend line in the weekly time frame.
- Resistance @20.51 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.82
Mansfield-2.01
10 Day High16.65
10 Day Low15.67
20 Day High16.86
20 Day Low15.13
52 Week High21.23
52 Week Low14.99
Performance
1 Week1.17%
2 Weeks-0.79%
1 Month7.47%
3 Month-8.89%
6 Month-10.09%
12 Month-14%
2 Year-26.98%
3 Year37.58%
5 Year-27.27%
10 Year-75.54%
15 Year-57.68%
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)0.05
RSI(14)56.48
LBB15.39
UBB16.97
NOV INC
NYSE:NOV (11/21/2024, 8:04:01 PM)
Premarket: 16.42 +0.02 (+0.12%)16.4
+0.14 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.86%
1 Week1.17%
2 Weeks-0.79%
1 Month7.47%
3 Month-8.89%
6 Month-10.09%
12 Month-14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%2.97%
ATR Inc
Range Today0.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.65
10 Day Low15.67
20 Day High16.86
20 Day Low15.13
52 Week High21.23
52 Week Low14.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.48M
Volume Incr-12.53%
Vol(5)3.41M
Vol(50)4.01M