Technical Analysis for NOV - National Oilwell Varco, Inc.

Grade Last Price % Change Price Change
grade F 22.39 1.27% 0.28
NOV closed up 1.27 percent on Friday, May 24, 2019, on 1.13 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.

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

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 1.27%
Volume Surge Other 1.27%
New 52 Week Low Weakness 1.27%
Stochastic Reached Oversold Weakness 1.27%
Below Lower BB Weakness 1.27%

Older signals for NOV ...

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Basic chart:
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.
Technology Mining Food Petroleum Industry Chemical Beverage Petroleum Production Logistics Services Oil Wells Steel Products Oil And Gas Wells Geotechnical Engineering Drilling Rig Coiled Tubing Oilfield Services National Oilwell Varco Well Intervention Workover Oil And Gas Drilling Upstream Oil And Gas Industry Blowout Preventer Casing Downhole Tools Materials Management
Is NOV a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 49.08
52 Week Low 21.665
Average Volume 4,205,950
200-Day Moving Average 32.8969
50-Day Moving Average 26.2858
20-Day Moving Average 24.6215
10-Day Moving Average 23.738
Average True Range 0.9258
ADX 29.88
+DI 13.2865
-DI 41.8315
Chandelier Exit (Long, 3 ATRs ) 25.8426
Chandelier Exit (Short, 3 ATRs ) 24.4424
Upper Bollinger Band 27.0838
Lower Bollinger Band 22.1592
Percent B (%b) 0.05
BandWidth 20.001218
MACD Line -1.0399
MACD Signal Line -0.8483
MACD Histogram -0.1916
Fundamentals Value
Market Cap 8.51 Billion
Num Shares 380 Million
EPS -6.03
Price-to-Earnings (P/E) Ratio -3.71
Price-to-Sales 1.88
Price-to-Book 0.92
PEG Ratio -0.30
Dividend 0.20
Dividend Yield 0.89%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.98
Resistance 3 (R3) 22.95 22.73 22.88
Resistance 2 (R2) 22.73 22.58 22.74 22.84
Resistance 1 (R1) 22.56 22.49 22.65 22.59 22.81
Pivot Point 22.34 22.34 22.38 22.35 22.34
Support 1 (S1) 22.17 22.19 22.26 22.20 21.97
Support 2 (S2) 21.95 22.10 21.96 21.94
Support 3 (S3) 21.78 21.95 21.90
Support 4 (S4) 21.81