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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 2024-06-04 View latest technical analysis

10 day averaged volume of Nabors Industries is 178419

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 65.69 68.00 68.00 65.22 2.2 times
03 Mon Jun 2024 69.10 75.07 75.07 68.01 1.707 times
31 Fri May 2024 74.76 72.00 75.14 71.95 1.11 times
30 Thu May 2024 71.89 71.60 73.17 71.20 1.063 times
29 Wed May 2024 71.85 75.16 75.21 71.64 1.066 times
28 Tue May 2024 76.50 74.50 77.23 74.06 1.09 times
24 Fri May 2024 72.97 74.11 74.11 72.50 0.592 times
23 Thu May 2024 73.58 75.50 75.53 73.10 0.714 times
22 Wed May 2024 74.87 78.32 78.72 74.63 0.856 times
21 Tue May 2024 78.95 78.97 80.12 78.53 0.735 times

Stock of Nabors Industries (NBR) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 67.6, for a target of 71.2 or 74.16

Share price targets for Nabors Industries (NBR)

Target Type Value
Downside Target 65.22
Upside Target 70.25
Upside Target 76.20
Upside Target 77.02
Upside Target 77.23
Upside Target 78.91
Upside Target 80.12
Upside Target 86.81
Upside Target 91.36
Upside Target 91.91

Intraday share price targets for Nabors Industries (NBR)

Target Type Value
Downside Intraday Target 62.25
Downside Intraday Target 58.81
Upside Intraday Target 72.1
Upside Intraday Target 78.51
Upside Intraday Target 68.66

Weekly technical analysis of Nabors Industries (NBR)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 65.69 75.07 75.07 65.22 0.903 times
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

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
04 Tue Jun 2024 65.69 75.07 75.07 65.22 0.205 times
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

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 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 SELL. Signal strength is Strong 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 71.83 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 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 SELL. Signal strength is Strong 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 71.83 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.

Daily charts

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