Technical Analysis for NBR - Nabors Industries Ltd.

Grade Last Price % Change Price Change
D 87.96 3.82% 3.24
NBR closed up 3.82 percent on Wednesday, March 27, 2024, on 68 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Flat

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Inside Day Range Contraction 0.00%
Fell Below 20 DMA Bearish 3.82%
MACD Bearish Signal Line Cross Bearish 3.82%
Multiple of Ten Bearish Other 3.82%
Outside Day Range Expansion 3.82%
Multiple of Ten Bearish Other -0.11%
New Uptrend Bullish -0.89%
Doji - Bullish? Reversal -0.89%
Overbought Stochastic Strength -0.89%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 19 hours ago
Up 3% about 21 hours ago
Up 2% about 21 hours ago
60 Minute Opening Range Breakout about 22 hours ago
Gap Up Partially Closed about 23 hours ago

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Profile

Nabors Industries Ltd. Description

Nabors Industries Ltd., together with its subsidiaries, operates as a land drilling contractor in the United States, Canada, and internationally. The company markets approximately 474 land drilling rigs for oil and gas land drilling operations in the United States Lower 48 states, Alaska, Canada, and 20 other countries worldwide. It also markets approximately 442 rigs for land well-servicing and workover work in the United States and approximately 106 rigs for land well-servicing and workover work in Canada. In addition, the company provides offshore platform workover and drilling rigs, including 36 platform, 12 jackup, and 4 barge rigs in the United States, including the Gulf of Mexico and multiple international markets. Further, it offers a range of hydraulic fracturing, cementing, nitrogen, and acid pressure pumping services; and ancillary well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection, and other support services. Additionally, the company manufactures, leases, or sells top drives for a range of drilling applications, directional drilling systems, rig instrumentation and data collection equipment, pipeline handling equipment, and rig reporting software. Its fleet also comprises various trucks and fluid hauling vehicles. The company was founded in 1968 and is headquartered in Hamilton, Bermuda.


Classification

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Petroleum Industry Acid Petroleum Production Oil Wells Barge Drilling Rig Data Collection Precision Drilling Fracturing Offshore Engineering Oil Platform Geotechnical Engineering Hydraulic Fracturing Petroleum Engineering Workover Directional Drilling Pumping Services Pressure Pumping Services Data Collection Equipment

Is NBR 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 141.13
52 Week Low 71.42
Average Volume 241,923
200-Day Moving Average 98.48
50-Day Moving Average 82.50
20-Day Moving Average 85.27
10-Day Moving Average 88.20
Average True Range 3.72
RSI (14) 55.95
ADX 25.82
+DI 17.21
-DI 12.48
Chandelier Exit (Long, 3 ATRs) 80.20
Chandelier Exit (Short, 3 ATRs) 88.54
Upper Bollinger Bands 92.20
Lower Bollinger Band 78.34
Percent B (%b) 0.69
BandWidth 16.25
MACD Line 1.69
MACD Signal Line 1.72
MACD Histogram -0.0318
Fundamentals Value
Market Cap 832.55 Million
Num Shares 9.47 Million
EPS -5.49
Price-to-Earnings (P/E) Ratio -16.02
Price-to-Sales 0.25
Price-to-Book 2.29
PEG Ratio -0.68
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 92.66
Resistance 3 (R3) 92.15 90.07 91.87
Resistance 2 (R2) 90.07 88.88 90.33 91.61
Resistance 1 (R1) 89.02 88.14 89.55 89.53 91.35
Pivot Point 86.94 86.94 87.21 87.20 86.94
Support 1 (S1) 85.89 85.75 86.41 86.39 84.57
Support 2 (S2) 83.81 85.01 84.07 84.31
Support 3 (S3) 82.76 83.81 84.05
Support 4 (S4) 83.26