Technical Analysis for NOV - National Oilwell Varco, Inc.

Grade Last Price % Change Price Change
C 16.48 1.32% 0.22
NOV closed up 1.69 percent on Wednesday, November 20, 2024, on 77 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 1.32%
50 DMA Resistance Bearish 3.03%
20 DMA Support Bullish 3.03%
Gapped Down Weakness 3.03%
50 DMA Resistance Bearish 2.97%
Inside Day Range Contraction 2.97%
Gapped Up Strength 2.97%
Fell Below 50 DMA Bearish 3.16%
Outside Day Range Expansion 3.16%
Down 3 Days in a Row Weakness 3.16%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 39 minutes ago
Up 1% 39 minutes ago
Possible NR7 about 20 hours ago
Rose Above Previous Day's High 1 day ago
Rose Above 50 DMA 1 day ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Crane Gas Wells Field Services Drilling Rig Technology Segment Geotechnical Engineering Oil And Gas Wells Oilfield Services Well Intervention Workover Coiled Tubing Drilling Fluid Drill Bit National Oilwell Varco Oil And Gas Drilling Upstream Oil And Gas Materials Management Downhole Tools Mooring 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 21.1006
52 Week Low 14.985
Average Volume 3,988,298
200-Day Moving Average 17.64
50-Day Moving Average 16.02
20-Day Moving Average 15.90
10-Day Moving Average 16.26
Average True Range 0.45
RSI (14) 54.34
ADX 15.98
+DI 21.08
-DI 21.47
Chandelier Exit (Long, 3 ATRs) 15.51
Chandelier Exit (Short, 3 ATRs) 16.34
Upper Bollinger Bands 16.89
Lower Bollinger Band 14.92
Percent B (%b) 0.68
BandWidth 12.41
MACD Line 0.06
MACD Signal Line 0.03
MACD Histogram 0.036
Fundamentals Value
Market Cap 6.41 Billion
Num Shares 394 Million
EPS 2.50
Price-to-Earnings (P/E) Ratio 6.50
Price-to-Sales 0.79
Price-to-Book 1.09
PEG Ratio 0.24
Dividend 0.20
Dividend Yield 1.23%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.68
Resistance 3 (R3) 16.63 16.45 16.61
Resistance 2 (R2) 16.45 16.34 16.47 16.59
Resistance 1 (R1) 16.35 16.27 16.40 16.40 16.56
Pivot Point 16.17 16.17 16.19 16.19 16.17
Support 1 (S1) 16.07 16.06 16.12 16.12 15.96
Support 2 (S2) 15.89 15.99 15.91 15.93
Support 3 (S3) 15.79 15.89 15.91
Support 4 (S4) 15.84