Technical Analysis for 0K58 - NOV Inc.

Grade Last Price % Change Price Change
D 16.00 0.00% 0.00
0K58 closed unchanged on Friday, April 26, 2024, on 5 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Flat Flat

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Stochastic Buy Signal Bullish 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Multiple of Ten Bearish Other 0.00%

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Profile

NOV Inc. Description

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, it provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.


Classification

Keywords: Control Systems Petroleum Production Industrial Equipment Well Drilling Oil And Gas Drilling Artificial Lift Systems Automation Services Coiled Tubing Fracturing Oil Wells

Is 0K58 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 21.878
52 Week Low 14.189
Average Volume 75
200-Day Moving Average 16.19
50-Day Moving Average 16.00
20-Day Moving Average 16.00
10-Day Moving Average 16.00
Average True Range 4.14
RSI (14) 0.00
ADX 66.68
+DI 0.97
-DI 0.15
Chandelier Exit (Long, 3 ATRs) 7.88
Chandelier Exit (Short, 3 ATRs) 28.43
Upper Bollinger Bands 16.00
Lower Bollinger Band 16.00
Percent B (%b) 0.0
BandWidth 0.00
MACD Line -0.01
MACD Signal Line -0.01
MACD Histogram 0.0039
Fundamentals Value
Market Cap 61.34 Million
Num Shares 383 Million
EPS -0.48
Price-to-Earnings (P/E) Ratio -33.33
Price-to-Sales 0.01
Price-to-Book 0.00
Dividend 0.20
Dividend Yield 1.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.47
Resistance 3 (R3) 23.18 21.75 21.39
Resistance 2 (R2) 21.75 20.10 21.39 21.03
Resistance 1 (R1) 18.87 19.08 18.16 18.16 20.67
Pivot Point 17.44 17.44 17.08 17.08 17.44
Support 1 (S1) 14.56 15.79 13.85 13.85 11.33
Support 2 (S2) 13.13 14.77 12.77 10.97
Support 3 (S3) 10.25 13.13 10.61
Support 4 (S4) 9.54