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NOV Inc.

NOVNYSE
Energy
Oil & Gas Equipment & Services
$20.29
$-0.10(-0.51%)
U.S. Market opens in 17h 20m

NOV Inc. (NOV) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for NOV Inc. (NYSE:NOV).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NOV Technical Analysis Summary

NOV Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 67.05)
Trend Strength:Moderate (ADX: 25.50)
Volatility:Medium (ATR: 0.68)
Support/Resistance:$17.76 – $20.22 (Bollinger Bands)

Technical conditions suggest NOV Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 67.05

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 96.17

Bearish
Overbought levels may trigger pullback.

Williams %R: -2.36

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.09

Strongly Bullish
Strong upside momentum.

Takeaway:NOV Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.67

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.50

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.68

Low
Low volatility, stable price action.

CCI (14): 165.64

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:NOV Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.22
Middle Band (SMA 20)
$18.99
Lower Band
$17.76
Current Position
Above Upper Band

Takeaway:NOV Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$20.37
Middle Line (EMA 20)
$19.01
Lower Channel
$17.64
Squeeze Status
Squeeze On

Takeaway:NOV Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume51.45M
Money Flow Index65.10Bullish, inflows support continued momentum.
Relative Vigor Index73.87Bullish, price momentum strongly favors buyers.

Overall Takeaway:NOV shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of NOV Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:NOV Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ