(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 2024-05-29 View latest technical analysis
10 day averaged volume of Nabors Industries is 142384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 71.85 | 75.16 | 75.21 | 71.64 | 1.336 times |
| 28 Tue May 2024 | 76.50 | 74.50 | 77.23 | 74.06 | 1.365 times |
| 24 Fri May 2024 | 72.97 | 74.11 | 74.11 | 72.50 | 0.742 times |
| 23 Thu May 2024 | 73.58 | 75.50 | 75.53 | 73.10 | 0.895 times |
| 22 Wed May 2024 | 74.87 | 78.32 | 78.72 | 74.63 | 1.073 times |
| 21 Tue May 2024 | 78.95 | 78.97 | 80.12 | 78.53 | 0.921 times |
| 20 Mon May 2024 | 79.41 | 76.38 | 79.85 | 76.04 | 1.337 times |
| 17 Fri May 2024 | 76.01 | 75.00 | 76.20 | 74.59 | 1.268 times |
| 16 Thu May 2024 | 74.59 | 74.35 | 74.70 | 73.42 | 0.842 times |
| 15 Wed May 2024 | 74.35 | 75.67 | 75.67 | 72.80 | 0.798 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.4, but if it comes above 72.4, then a intra day buy could be more profitable.
If you take a sell trade below 72.4, then use 72.4 as stoploss and 69.8 as target. However if you take a buy trade in stock , then use 72.4 as stoploss and 74.6 as target.
Share price targets for Nabors Industries (NBR)
| Target Type | Value |
| Downside Target | 70.25 |
| Upside 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 | 69.92 |
| Downside Intraday Target | 67.98 |
| Upside Intraday Target | 75.51 |
| Upside Intraday Target | 79.16 |
| Upside Intraday Target | 73.57 |
Weekly technical analysis of Nabors Industries (NBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 71.85 | 74.50 | 77.23 | 71.64 | 0.544 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 down 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 |
| 29 Wed May 2024 | 71.85 | 72.00 | 80.12 | 70.25 | 0.559 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 down 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nabors Industries in short term and the sell signal is strong.
Nabors Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Nabors Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nabors Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 75.46 and Nabors Industries (NBR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nabors Industries in short term and the sell signal is strong.
Nabors Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Nabors Industries in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nabors Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 75.46 and Nabors Industries (NBR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.