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NOV Inc.

NOV Technical Analysis Summary (NYSE)

Analyze NOV on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NOV●NYSE
EnergyOil & Gas Equipment & Services
$20.99
$0.61(2.82%)
U.S. Market opens in 14h 15m

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 (NYSE)

NOV Inc. (NYSE: NOV) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.47)
Trend Strength:Moderate (ADX: 20.85)
Volatility:Medium (ATR: 0.65)
Support/Resistance:$18.84 – $21.66 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 59.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 90.84

Bearish
Overbought levels may trigger pullback.

Williams %R: -20.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.81

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.44

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.85

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.65

Low
Low volatility, stable price action.

CCI (14): 96.60

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.66
Middle Band (SMA 20)
$20.25
Lower Band
$18.84
Current Position
Within Bands

Takeaway:NOV Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$21.64
Middle Line (EMA 20)
$20.34
Lower Channel
$19.04
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume15.76M
Money Flow Index64.70Bullish, inflows support continued momentum.
Relative Vigor Index54.79Neutral to Bullish, buyers hold a slight edge.

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. (NYSE: NOV), 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

No significant bearish signals detected.

Overall Recommendation:Technical indicators for NOV Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NOV) Technical Analysis FAQ