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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 2024-06-10 View latest technical analysis

10 day averaged volume of Nabors Industries is 209850

Date Daily Closing Price Open High Low Volume
10 Mon Jun 2024 68.36 67.06 69.58 66.74 0.925 times
07 Fri Jun 2024 66.87 66.01 68.00 66.00 0.748 times
06 Thu Jun 2024 67.23 66.13 67.68 65.11 0.947 times
05 Wed Jun 2024 66.15 66.34 67.46 65.20 0.8 times
04 Tue Jun 2024 65.69 68.00 68.00 65.22 1.871 times
03 Mon Jun 2024 69.10 75.07 75.07 68.01 1.452 times
31 Fri May 2024 74.76 72.00 75.14 71.95 0.944 times
30 Thu May 2024 71.89 71.60 73.17 71.20 0.904 times
29 Wed May 2024 71.85 75.16 75.21 71.64 0.906 times
28 Tue May 2024 76.50 74.50 77.23 74.06 0.926 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.6, but if it comes above 68.6, then a intra day buy could be more profitable.
If you take a sell trade below 68.6, then use 68.6 as stoploss and 63.8 as target. However if you take a buy trade in stock , then use 68.6 as stoploss and 72.61 as target.

Share price targets for Nabors Industries (NBR)

Target Type Value
Downside Target 65.11
Downside Target 66.74
Upside Target 69.58
Upside Target 76.20
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 66.87
Downside Intraday Target 65.39
Upside Intraday Target 69.71
Upside Intraday Target 71.07
Downside Intraday Target 68.23

Weekly technical analysis of Nabors Industries (NBR)

Date Weekly Closing Price Open High Low Volume
10 Mon Jun 2024 68.36 67.06 69.58 66.74 0.159 times
07 Fri Jun 2024 66.87 75.07 75.07 65.11 1.581 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

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
10 Mon Jun 2024 68.36 75.07 75.07 65.11 0.416 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

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 and selling is picking up 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 69.52 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

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 and selling is picking up 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 69.52 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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Daily chart
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