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(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 2024-05-28 View latest technical analysis

10 day averaged volume of National Oilwell is 2653259

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 18.55 18.37 18.73 18.26 0.948 times
24 Fri May 2024 18.24 18.37 18.54 18.06 0.643 times
23 Thu May 2024 18.25 18.26 18.45 18.05 1.128 times
22 Wed May 2024 18.24 19.01 19.05 18.06 0.919 times
21 Tue May 2024 19.11 18.93 19.38 18.93 1.124 times
20 Mon May 2024 18.98 19.15 19.34 18.89 1.161 times
17 Fri May 2024 19.06 18.90 19.10 18.71 1.474 times
16 Thu May 2024 18.89 18.93 19.20 18.82 1.301 times
15 Wed May 2024 18.85 18.96 18.97 18.53 0.853 times
14 Tue May 2024 18.90 18.83 19.02 18.69 0.694 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 18.4 as stoploss in an intra day buy trade for a target of 18.73. However, stock will show a bearish move below 18.4.

Share price targets for National Oilwell (NOV)

Target Type Value
Downside Target 16.78
Downside Target 18.05
Upside Target 19.20
Upside Target 19.30
Upside Target 19.38
Upside Target 19.43
Upside Target 19.81
Upside Target 20.00
Upside Target 20.74
Upside Target 21.23

Intraday share price targets for National Oilwell (NOV)

Target Type Value
Downside Intraday Target 18.3
Downside Intraday Target 18.04
Upside Intraday Target 18.77
Upside Intraday Target 18.98
Downside Intraday Target 18.51

Weekly technical analysis of National Oilwell (NOV)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 18.55 18.37 18.73 18.26 0.191 times
24 Fri May 2024 18.24 19.15 19.38 18.05 0.99 times
17 Fri May 2024 19.06 18.93 19.20 18.53 1.18 times
10 Fri May 2024 18.84 18.78 19.30 18.71 0.676 times
03 Fri May 2024 18.54 18.94 19.43 18.20 0.656 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 National Oilwell (NOV)

Date Monthly Closing Price Open High Low Volume
28 Tue May 2024 18.55 18.42 19.38 18.05 0.572 times
30 Tue Apr 2024 18.49 19.64 20.74 18.20 1.063 times
28 Thu Mar 2024 19.52 17.12 19.81 16.80 0.634 times
29 Thu Feb 2024 16.90 19.69 20.00 16.78 1.415 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 National Oilwell (NOV)

Price action analysis of National Oilwell ( (NOV) ) 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 National Oilwell ( (NOV) ) 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for National Oilwell stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for National Oilwell 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.

National Oilwell 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 National Oilwell 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 negative zone. This is the SELL 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 18.75 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for National Oilwell stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for National Oilwell 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.

National Oilwell 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 National Oilwell 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 negative zone. This is the SELL 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 18.75 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.

Daily charts

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Daily chart
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