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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 2024-05-31 View latest technical analysis

10 day averaged volume of Nabors Industries is 158201

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 74.76 72.00 75.14 71.95 1.252 times
30 Thu May 2024 71.89 71.60 73.17 71.20 1.198 times
29 Wed May 2024 71.85 75.16 75.21 71.64 1.202 times
28 Tue May 2024 76.50 74.50 77.23 74.06 1.229 times
24 Fri May 2024 72.97 74.11 74.11 72.50 0.668 times
23 Thu May 2024 73.58 75.50 75.53 73.10 0.805 times
22 Wed May 2024 74.87 78.32 78.72 74.63 0.966 times
21 Tue May 2024 78.95 78.97 80.12 78.53 0.829 times
20 Mon May 2024 79.41 76.38 79.85 76.04 1.203 times
17 Fri May 2024 76.01 75.00 76.20 74.59 1.141 times

My analysis of stock is bearish for shortterm, and stock might move down till 73 or till 70.7. Use a stoploss of 74.87 and if the stock hits stoploss, then it can shoot up till 76.76

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 71.56
Downside Intraday Target 68.37
Upside Intraday Target 77.59
Upside Intraday Target 80.43
Downside Intraday Target 74.4

Weekly technical analysis of Nabors Industries (NBR)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 74.76 74.50 77.23 71.20 1.092 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
31 Fri May 2024 74.76 72.00 80.12 70.25 0.631 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 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 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 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 SELL signal for Nabors Industries in short term and the sell signal is strong.

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 getting stronger in this stock.

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

CCI has generated a buy signal for Nabors Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 75.11 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 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 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 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 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 SELL signal for Nabors Industries in short term and the sell signal is strong.

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 getting stronger in this stock.

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

CCI has generated a buy signal for Nabors Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 75.11 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 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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