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(NBR) Nabors Industries complete technical analysis [charts+indicators] | Buy/Sell Nabors Industries | (NBR) share price targets

Complete technical analysis of Nabors Industries (NBR) by charts plus indicators, forecast predictions and share price targets for Nabors Industries (NBR)

Nabors Industries trades in USA in Energy sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Nabors Industries is 134234

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 76.50 74.50 77.23 74.06 1.448 times
24 Fri May 2024 72.97 74.11 74.11 72.50 0.787 times
23 Thu May 2024 73.58 75.50 75.53 73.10 0.949 times
22 Wed May 2024 74.87 78.32 78.72 74.63 1.138 times
21 Tue May 2024 78.95 78.97 80.12 78.53 0.977 times
20 Mon May 2024 79.41 76.38 79.85 76.04 1.418 times
17 Fri May 2024 76.01 75.00 76.20 74.59 1.345 times
16 Thu May 2024 74.59 74.35 74.70 73.42 0.893 times
15 Wed May 2024 74.35 75.67 75.67 72.80 0.847 times
14 Tue May 2024 75.24 74.74 75.49 73.82 0.805 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 76.8 as stoploss in an intra day sell trade for a target of 74.61. However, stock will show a bullish move above 76.8.

Share price targets for Nabors Industries (NBR)

Target Type Value
Downside Target 70.25
Downside Target 76.20
Upside Target 77.23
Upside Target 78.13
Upside Target 78.91
Upside Target 80.12
Upside Target 86.81
Upside Target 90.68
Upside Target 91.36
Upside Target 91.91

Intraday share price targets for Nabors Industries (NBR)

Target Type Value
Downside Intraday Target 74.63
Downside Intraday Target 72.76
Upside Intraday Target 77.8
Upside Intraday Target 79.1
Downside Intraday Target 75.93

Weekly technical analysis of Nabors Industries (NBR)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 76.50 74.50 77.23 74.06 0.275 times
24 Fri May 2024 72.97 76.38 80.12 72.50 1.114 times
17 Fri May 2024 76.01 75.14 76.20 72.80 0.937 times
10 Fri May 2024 74.60 75.37 77.02 73.16 0.689 times
03 Fri May 2024 74.23 77.42 78.13 70.25 0.608 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nabors Industries (NBR)

Date Monthly Closing Price Open High Low Volume
28 Tue May 2024 76.50 72.00 80.12 70.25 0.524 times
30 Tue Apr 2024 72.03 87.08 91.91 71.90 1.246 times
28 Thu Mar 2024 86.13 79.70 91.36 78.91 0.813 times
29 Thu Feb 2024 78.37 85.08 86.81 73.83 0.913 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nabors Industries (NBR)

Price action analysis of Nabors Industries ( (NBR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nabors Industries ( (NBR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nabors Industries ( (NBR) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nabors Industries ( (NBR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nabors Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nabors Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nabors Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nabors Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nabors Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.93 and Nabors Industries (NBR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nabors Industries (NBR) stock. Volume based technical analysis of Nabors Industries (NBR) stock is negative.

Nabors Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Nabors Industries ( (NBR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nabors Industries ( (NBR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nabors Industries ( (NBR) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nabors Industries ( (NBR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nabors Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nabors Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nabors Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nabors Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nabors Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.93 and Nabors Industries (NBR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nabors Industries (NBR) stock. Volume based technical analysis of Nabors Industries (NBR) stock is negative.

Nabors Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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