Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-09 View latest technical analysis

10 day averaged volume of National Oilwell is 4832740

Date Daily Closing Price Open High Low Volume
09 Fri Aug 2024 17.85 17.99 18.04 17.61 0.999 times
08 Thu Aug 2024 17.99 17.76 18.04 17.66 0.453 times
07 Wed Aug 2024 17.57 18.04 18.14 17.50 0.882 times
06 Tue Aug 2024 17.65 17.67 17.99 17.54 0.611 times
05 Mon Aug 2024 17.58 17.90 18.06 17.51 0.783 times
02 Fri Aug 2024 18.69 19.24 19.35 18.44 0.711 times
01 Thu Aug 2024 19.60 20.71 20.77 19.30 1.202 times
31 Wed Jul 2024 20.82 20.71 21.20 20.52 1.138 times
30 Tue Jul 2024 20.46 19.88 20.58 19.74 1.213 times
29 Mon Jul 2024 19.81 19.68 20.01 19.53 0.731 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18, but if it comes above 18, then a intra day buy could be more profitable.
If you take a sell trade below 18, then use 18 as stoploss and 16.9 as target. However if you take a buy trade in stock , then use 18 as stoploss and 18.93 as target.

Share price targets for National Oilwell (NOV)

Target Type Value
Downside Target 17.15
Downside Target 17.50
Upside Target 17.97
Upside Target 19.16
Upside Target 19.38
Upside Target 19.84
Upside Target 20.74
Upside Target 20.77
Upside Target 20.98
Upside Target 21.20

Intraday share price targets for National Oilwell (NOV)

Target Type Value
Downside Intraday Target 17.52
Downside Intraday Target 17.19
Upside Intraday Target 18.16
Upside Intraday Target 18.47
Downside Intraday Target 17.83

Weekly technical analysis of National Oilwell (NOV)

Date Weekly Closing Price Open High Low Volume
09 Fri Aug 2024 17.85 17.90 18.14 17.50 0.746 times
02 Fri Aug 2024 18.69 19.68 21.20 18.44 1.014 times
26 Fri Jul 2024 19.85 18.90 20.98 18.19 1.752 times
19 Fri Jul 2024 18.97 18.60 19.84 18.40 1.297 times
12 Fri Jul 2024 18.52 17.96 18.62 17.59 1.489 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
09 Fri Aug 2024 17.85 20.71 20.77 17.50 0.352 times
31 Wed Jul 2024 20.82 19.09 21.20 17.59 1.347 times
28 Fri Jun 2024 19.01 18.81 19.16 17.15 1.035 times
31 Fri May 2024 18.82 18.42 19.38 17.97 0.676 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 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 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 SELL signal for National Oilwell in short term and the sell signal is strong.

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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 19.02 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 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 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 SELL signal for National Oilwell in short term and the sell signal is strong.

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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 19.02 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme