Technical Analysis for NBR - Nabors Industries Ltd.

Grade Last Price % Change Price Change
D 83.33 -2.56% -2.19
NBR closed down 2.56 percent on Thursday, April 22, 2021, on 51 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical NBR trend table...

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Bollinger Band Squeeze Range Contraction -2.56%
BB Squeeze + Lower Band Touch Range Contraction -2.56%
Lower Bollinger Band Touch Weakness -2.56%
Bollinger Band Squeeze Range Contraction -0.22%
BB Squeeze + Lower Band Touch Range Contraction -0.22%
Lower Bollinger Band Touch Weakness -0.22%
Older End-of-Day Signals for NBR ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 14 hours ago
Rose Above Previous Day's High about 16 hours ago
10 DMA Resistance about 16 hours ago
Up 2% about 16 hours ago
Up 1% about 16 hours ago
View Earlier Intraday Alerts

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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 Barge Data Collection Oil Well Drilling Rig Drilling Rigs Fracturing Precision Drilling Hydraulic Fracturing Geotechnical Engineering Petroleum Engineering Workover Offshore Engineering Pumping Services Directional Drilling Oil Platform 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 133.61
52 Week Low 10.2025
Average Volume 174,597
200-Day Moving Average 59.05
50-Day Moving Average 100.18
20-Day Moving Average 90.82
10-Day Moving Average 87.28
Average True Range 6.81
ADX 27.07
+DI 14.46
-DI 26.14
Chandelier Exit (Long, 3 ATRs ) 82.03
Chandelier Exit (Short, 3 ATRs ) 100.67
Upper Bollinger Band 100.03
Lower Bollinger Band 81.61
Percent B (%b) 0.09
BandWidth 20.29
MACD Line -4.36
MACD Signal Line -3.78
MACD Histogram -0.5887
Fundamentals Value
Market Cap 607.81 Million
Num Shares 7.29 Million
EPS -1.89
Price-to-Earnings (P/E) Ratio -44.04
Price-to-Sales 0.17
Price-to-Book 0.33
PEG Ratio -0.68
Dividend 2.00
Dividend Yield 2.40%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 89.27
Resistance 3 (R3) 89.52 87.79 88.28
Resistance 2 (R2) 87.79 86.28 87.67 87.95
Resistance 1 (R1) 85.56 85.34 84.70 85.31 87.62
Pivot Point 83.83 83.83 83.40 83.71 83.83
Support 1 (S1) 81.60 82.32 80.74 81.35 79.04
Support 2 (S2) 79.87 81.38 79.75 78.71
Support 3 (S3) 77.64 79.87 78.38
Support 4 (S4) 77.39