(NOV) National Oilwell complete technical analysis [charts+indicators] | Buy/Sell National Oilwell | (NOV) share price targets
Complete technical analysis of National Oilwell (NOV) by charts plus indicators, forecast predictions and share price targets for National Oilwell (NOV)
National Oilwell trades in USA in Energy sector.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of National Oilwell is 3627320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 16.87 | 17.22 | 17.33 | 16.85 | 0.765 times |
| 01 Fri Mar 2024 | 17.10 | 17.12 | 17.38 | 16.94 | 1.026 times |
| 29 Thu Feb 2024 | 16.90 | 17.08 | 17.23 | 16.81 | 0.91 times |
| 28 Wed Feb 2024 | 16.92 | 17.10 | 17.22 | 16.79 | 1.268 times |
| 27 Tue Feb 2024 | 17.20 | 17.04 | 17.30 | 16.88 | 0.928 times |
| 26 Mon Feb 2024 | 16.91 | 17.10 | 17.31 | 16.78 | 0.777 times |
| 23 Fri Feb 2024 | 17.23 | 17.16 | 17.36 | 16.97 | 0.975 times |
| 22 Thu Feb 2024 | 17.41 | 17.28 | 17.61 | 17.19 | 0.914 times |
| 21 Wed Feb 2024 | 17.27 | 17.16 | 17.44 | 17.13 | 0.736 times |
| 20 Tue Feb 2024 | 17.13 | 17.08 | 17.22 | 16.94 | 1.269 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 16.8 as target. However if you take a buy trade in stock , then use 17 as stoploss and 17.2 as target.
Share price targets for National Oilwell (NOV)
| Target Type | Value |
| Downside Target | 16.78 |
| Upside Target | 17.33 |
| Upside Target | 17.75 |
| Upside Target | 17.81 |
| Upside Target | 18.29 |
| Upside Target | 18.31 |
| Upside Target | 18.85 |
| Upside Target | 20.00 |
| Upside Target | 20.85 |
| Upside Target | 20.96 |
| Upside Target | 21.23 |
Intraday share price targets for National Oilwell (NOV)
| Target Type | Value |
| Downside Intraday Target | 16.7 |
| Downside Intraday Target | 16.54 |
| Upside Intraday Target | 17.18 |
| Upside Intraday Target | 17.5 |
| Upside Intraday Target | 17.02 |
Weekly technical analysis of National Oilwell (NOV)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 16.87 | 17.22 | 17.33 | 16.85 | 0.156 times |
| 01 Fri Mar 2024 | 17.10 | 17.10 | 17.38 | 16.78 | 1.261 times |
| 23 Fri Feb 2024 | 17.23 | 17.08 | 17.61 | 16.94 | 0.548 times |
| 16 Fri Feb 2024 | 17.22 | 17.38 | 17.75 | 16.86 | 0.522 times |
| 09 Fri Feb 2024 | 17.20 | 17.55 | 17.81 | 16.93 | 1.361 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 National Oilwell (NOV)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 16.87 | 17.12 | 17.38 | 16.85 | 0.053 times |
| 29 Thu Feb 2024 | 16.90 | 19.69 | 20.00 | 16.78 | 1.415 times |
| 31 Wed Jan 2024 | 19.51 | 20.47 | 21.23 | 18.85 | 1.336 times |
| 29 Fri Dec 2023 | 20.28 | 18.78 | 20.96 | 18.31 | 1.053 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 National Oilwell (NOV)
Price action analysis of National Oilwell ( (NOV) ) 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 National Oilwell ( (NOV) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of National Oilwell ( (NOV) ) 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 National Oilwell ( (NOV) ) 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 National Oilwell stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for National Oilwell 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.
National Oilwell 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 National Oilwell in short term and SELL signal is strong!
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 National Oilwell is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.09 and National Oilwell (NOV) 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 National Oilwell (NOV) stock. Volume based technical analysis of National Oilwell (NOV) stock is negative.
National Oilwell 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 National Oilwell ( (NOV) ) 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 National Oilwell ( (NOV) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of National Oilwell ( (NOV) ) 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 National Oilwell ( (NOV) ) 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 National Oilwell stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for National Oilwell 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.
National Oilwell 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 National Oilwell in short term and SELL signal is strong!
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 National Oilwell is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.09 and National Oilwell (NOV) 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 National Oilwell (NOV) stock. Volume based technical analysis of National Oilwell (NOV) stock is negative.
National Oilwell 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.