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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 2024-09-16 View latest technical analysis

10 day averaged volume of National Oilwell is 3852490

Date Daily Closing Price Open High Low Volume
16 Mon Sep 2024 16.07 16.14 16.29 15.84 1.242 times
13 Fri Sep 2024 15.86 16.13 16.34 15.68 1.972 times
12 Thu Sep 2024 16.00 15.96 16.24 15.84 0.646 times
11 Wed Sep 2024 15.88 15.94 15.94 15.47 0.907 times
10 Tue Sep 2024 15.87 16.20 16.32 15.74 1.377 times
09 Mon Sep 2024 16.23 16.32 16.50 16.21 0.882 times
06 Fri Sep 2024 16.27 16.67 16.96 16.24 0.967 times
05 Thu Sep 2024 16.69 17.03 17.05 16.62 0.809 times
04 Wed Sep 2024 16.85 17.18 17.34 16.73 0.839 times
03 Tue Sep 2024 17.18 17.38 17.53 16.94 0.92 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.2, but if it comes above 16.2, then a intra day buy could be more profitable.
If you take a sell trade below 16.2, then use 16.2 as stoploss and 15.2 as target. However if you take a buy trade in stock , then use 16.2 as stoploss and 17.03 as target.

Share price targets for National Oilwell (NOV)

Target Type Value
Downside Target 15.47
Downside Target 15.84
Upside Target 16.24
Upside Target 17.15
Upside Target 17.63
Upside Target 17.88
Upside Target 17.97
Upside Target 18.40
Upside Target 19.16
Upside Target 19.38
Upside Target 20.77
Upside Target 21.20

Intraday share price targets for National Oilwell (NOV)

Target Type Value
Downside Intraday Target 15.84
Downside Intraday Target 15.62
Upside Intraday Target 16.29
Upside Intraday Target 16.52
Downside Intraday Target 16.07

Weekly technical analysis of National Oilwell (NOV)

Date Weekly Closing Price Open High Low Volume
16 Mon Sep 2024 16.07 16.14 16.29 15.84 0.215 times
13 Fri Sep 2024 15.86 16.32 16.50 15.47 1.636 times
06 Fri Sep 2024 16.27 17.38 17.53 16.24 5.199 times
30 Fri Aug 2024 17.77 17.78 17.88 17.63 0.251 times
30 Fri Aug 2024 17.77 18.39 18.40 17.48 0.97 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
16 Mon Sep 2024 16.07 17.38 17.53 15.47 0.646 times
30 Fri Aug 2024 17.77 20.71 20.77 17.44 0.813 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

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining 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 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 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 16.22 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining 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 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 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 16.22 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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