Technical Analysis for NBR - Nabors Industries Ltd.

Grade Last Price % Change Price Change
grade F 2.77 -5.46% -0.16
NBR closed down 5.46 percent on Wednesday, January 16, 2019, on 66 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Up
See historical NBR trend table...

Date Alert Name Type % Chg
Jan 16 Weak + Overbought Other 0.00%
Jan 16 Wide Bands Range Expansion 0.00%
Jan 16 Overbought Stochastic Strength 0.00%
Jan 15 Spinning Top Other -5.46%
Jan 15 NR7 Range Contraction -5.46%
Jan 15 Weak + Overbought Other -5.46%
Jan 15 Wide Bands Range Expansion -5.46%
Jan 15 Weak, Overbought and Reversal Signs Reversal -5.46%
Jan 15 Overbought Stochastic Strength -5.46%
Jan 14 1,2,3 Pullback Bullish Bullish Swing Setup -1.77%

Older signals for NBR ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
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.
Is NBR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.86
52 Week Low 1.81
Average Volume 19,009,980
200-Day Moving Average 5.7965
50-Day Moving Average 3.3226
20-Day Moving Average 2.398
10-Day Moving Average 2.729
Average True Range 0.2358
ADX 34.38
+DI 21.3591
-DI 20.0988
Chandelier Exit (Long, 3 ATRs ) 2.3126
Chandelier Exit (Short, 3 ATRs ) 2.5174
Upper Bollinger Band 3.1475
Lower Bollinger Band 1.6485
Percent B (%b) 0.75
BandWidth 62.510425
MACD Line -0.0792
MACD Signal Line -0.2216
MACD Histogram 0.1424
Fundamentals Value
Market Cap 793.57 Million
Num Shares 286 Million
EPS -2.57
Price-to-Earnings (P/E) Ratio -1.08
Price-to-Sales 0.78
Price-to-Book 0.58
PEG Ratio -0.56
Dividend 0.24
Dividend Yield 8.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.10
Resistance 3 (R3) 3.13 3.05 3.05
Resistance 2 (R2) 3.05 2.97 3.04 3.03
Resistance 1 (R1) 2.91 2.91 2.87 2.88 3.01
Pivot Point 2.83 2.83 2.81 2.82 2.83
Support 1 (S1) 2.69 2.75 2.65 2.66 2.53
Support 2 (S2) 2.61 2.69 2.60 2.51
Support 3 (S3) 2.47 2.61 2.50
Support 4 (S4) 2.44