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 2024-09-27 View latest technical analysis

10 day averaged volume of National Oilwell is 5730640

Date Daily Closing Price Open High Low Volume
27 Fri Sep 2024 15.98 16.04 16.18 15.89 0.822 times
26 Thu Sep 2024 15.85 15.85 15.96 15.61 1.407 times
25 Wed Sep 2024 16.13 16.32 16.38 16.07 1.182 times
24 Tue Sep 2024 16.75 17.09 17.12 16.73 0.592 times
23 Mon Sep 2024 16.75 16.89 17.08 16.65 0.756 times
20 Fri Sep 2024 16.90 16.84 16.94 16.61 1.086 times
19 Thu Sep 2024 16.90 16.85 17.03 16.52 0.485 times
18 Wed Sep 2024 16.43 16.33 16.76 16.21 0.65 times
17 Tue Sep 2024 16.39 16.18 16.42 16.04 1.681 times
16 Mon Sep 2024 16.07 16.14 16.29 15.84 0.835 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 15.9 as stoploss in an intra day buy trade for a target of 16.44. However, stock will show a bearish move below 15.9.

Share price targets for National Oilwell (NOV)

Target Type Value
Downside Target 15.47
Upside Target 16.24
Upside Target 17.03
Upside Target 17.59
Upside Target 17.63
Upside Target 17.88
Upside Target 17.97
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 15.35
Downside Intraday Target 14.73
Upside Intraday Target 16.86
Upside Intraday Target 17.75
Upside Intraday Target 16.24

Weekly technical analysis of National Oilwell (NOV)

Date Weekly Closing Price Open High Low Volume
27 Fri Sep 2024 15.98 16.89 17.12 15.61 1.005 times
20 Fri Sep 2024 16.90 16.14 17.03 15.84 1.218 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

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
27 Fri Sep 2024 15.98 17.38 17.53 15.47 1.433 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of National Oilwell ( (NOV) ) based on a short to mid 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 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 losing momentum.

MACD generated a BUY signal for National Oilwell in short term but the buy signal is initial and weak.

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 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 16.35 and National Oilwell (NOV) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of National Oilwell ( (NOV) ) based on a short to mid 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 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 losing momentum.

MACD generated a BUY signal for National Oilwell in short term but the buy signal is initial and weak.

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 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 16.35 and National Oilwell (NOV) stock is trading below this level. This means that stock is falling with high volumes. 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

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