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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 2024-06-21 View latest technical analysis

10 day averaged volume of National Oilwell is 2988160

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 18.01 18.24 18.24 17.84 1.635 times
20 Thu Jun 2024 18.16 18.19 18.32 18.14 0.704 times
18 Tue Jun 2024 18.15 18.14 18.45 18.14 0.932 times
18 Tue Jun 2024 18.15 18.14 18.45 18.14 0.932 times
17 Mon Jun 2024 18.11 17.51 18.12 17.47 1.223 times
14 Fri Jun 2024 17.50 17.69 17.69 17.22 0.779 times
13 Thu Jun 2024 17.90 18.02 18.13 17.41 1.531 times
12 Wed Jun 2024 18.06 18.14 18.25 17.90 0.971 times
11 Tue Jun 2024 17.83 17.39 17.90 17.26 1.254 times
10 Mon Jun 2024 17.61 17.41 17.77 17.33 0.611 times

My analysis of stock is bullish for shortterm, and stock might move up till 18.3 or till 18.8. Use a stoploss of 17.93 and if this stock hits its stoploss, then it can fall down till 17.51

Share price targets for National Oilwell (NOV)

Target Type Value
Downside Target 16.78
Downside Target 17.15
Downside Target 17.84
Upside Target 18.45
Upside Target 18.82
Upside Target 18.84
Upside Target 19.38
Upside Target 19.81
Upside Target 20.00
Upside Target 20.74

Intraday share price targets for National Oilwell (NOV)

Target Type Value
Downside Intraday Target 17.75
Downside Intraday Target 17.49
Upside Intraday Target 18.36
Upside Intraday Target 18.71
Upside Intraday Target 18.1

Weekly technical analysis of National Oilwell (NOV)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 18.01 18.14 18.45 17.84 1.518 times
18 Tue Jun 2024 18.15 17.51 18.45 17.47 0.419 times
14 Fri Jun 2024 17.50 17.41 18.25 17.22 1.261 times
07 Fri Jun 2024 17.32 18.81 18.82 17.15 1.1 times
31 Fri May 2024 18.82 18.37 18.84 17.97 0.84 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of National Oilwell (NOV)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 18.01 18.81 18.82 17.15 0.788 times
31 Fri May 2024 18.82 18.42 19.38 17.97 0.676 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of National Oilwell ( (NOV) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of National Oilwell ( (NOV) ) based on a short to mid 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 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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for National Oilwell in short term but SELL 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of National Oilwell is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.96 and National Oilwell (NOV) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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 National Oilwell ( (NOV) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of National Oilwell ( (NOV) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of National Oilwell ( (NOV) ) based on a short to mid 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 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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for National Oilwell in short term but SELL 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of National Oilwell is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.96 and National Oilwell (NOV) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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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