Technical Analysis for NOV - National Oilwell Varco, Inc.

Grade Last Price % Change Price Change
F 17.75 -5.69% -1.07
NOV closed down 5.69 percent on Monday, June 3, 2024, on 85 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -5.69%
Crossed Above 20 DMA Bullish -5.69%
Pocket Pivot Bullish Swing Setup -5.69%
NR7 Range Contraction -3.16%

   Recent Intraday Alerts

Alert Time
Down 5% about 15 hours ago
Down 2 ATRs about 15 hours ago
60 Minute Opening Range Breakdown about 15 hours ago
Fell Below Lower Bollinger Band about 16 hours ago
Lower Bollinger Band Support about 16 hours ago

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Profile

National Oilwell Varco, Inc. Description

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. Its Rig Technology segment offers offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; rig instrumentation and turret mooring systems; blowout preventers; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches and trucks; cranes; flexible pipe; and other products for floating production, storage, and offloading vessels, and other offshore vessels and terminals. The company's Petroleum Services and Supplies segment provides consumable goods and services to drill, complete, remediate, and workover oil and gas wells; and service drill pipe, tubing, casing, flowlines; and other oilfield tubular goods. This segment also engages in the rental and sale of drill pipe, wired drill pipe, transfer pumps, solids control systems, drilling motors, drilling fluids, drill bits, reamers and other downhole tools, and mud pump consumables for drilling operations. In addition, it provides oilfield tubular services, such as inspection and internal coating services; equipment for drill pipe, line pipe, tubing, casing, and pipelines; and coiled tubing pipe and composite pipe. National Oilwell Varco, Inc.'s Distribution and Transmission segment provides pipe, maintenance, repair, and operating supplies and spare parts to drill site and production locations, pipeline operations, and processing plants; and procurement, materials management, and logistics services, as well as produces water transmission pipe, fabricated steel products, and specialized materials and products for infrastructure projects. This segment also serves waste water treatment, chemical, food and beverage, paper and pulp, mining, agriculture, and municipal markets. The company was founded in 1862 and is headquartered in Houston, Texas.


Classification

Sector: Energy
Industry: Oil & Gas Equipment & Services
Keywords: Mining Chemical Petroleum Industry Beverage Petroleum Production Logistics Services Oil Wells Oil And Gas Industry Steel Products Gas Wells Crane Drilling Rig Field Services Technology Segment Oil And Gas Wells Geotechnical Engineering Oilfield Services Workover Well Intervention Coiled Tubing Drill Bit Drilling Fluid National Oilwell Varco Oil And Gas Drilling Upstream Oil And Gas Materials Management Mooring Downhole Tools Assembly Systems Tubular Services

Is NOV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.7311
52 Week Low 14.7321
Average Volume 3,194,700
200-Day Moving Average 19.30
50-Day Moving Average 19.04
20-Day Moving Average 18.68
10-Day Moving Average 18.44
Average True Range 0.54
RSI (14) 38.27
ADX 13.42
+DI 17.88
-DI 25.13
Chandelier Exit (Long, 3 ATRs) 17.75
Chandelier Exit (Short, 3 ATRs) 19.28
Upper Bollinger Bands 19.44
Lower Bollinger Band 17.92
Percent B (%b) -0.11
BandWidth 8.13
MACD Line -0.19
MACD Signal Line -0.13
MACD Histogram -0.0599
Fundamentals Value
Market Cap 6.99 Billion
Num Shares 394 Million
EPS 2.50
Price-to-Earnings (P/E) Ratio 7.10
Price-to-Sales 0.79
Price-to-Book 1.09
PEG Ratio 0.24
Dividend 0.20
Dividend Yield 1.13%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.50
Resistance 3 (R3) 19.66 19.24 19.21
Resistance 2 (R2) 19.24 18.79 19.16 19.11
Resistance 1 (R1) 18.49 18.52 18.28 18.33 19.01
Pivot Point 18.07 18.07 17.97 17.99 18.07
Support 1 (S1) 17.33 17.63 17.12 17.17 16.49
Support 2 (S2) 16.91 17.35 16.83 16.39
Support 3 (S3) 16.16 16.91 16.29
Support 4 (S4) 16.00