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NBR

TRADE

AS OF

May 17 closing price

Price

$75.84

Change

+$1.25 (+1.68%)

Capitalization

815.83M

73 days until earnings call

OUR PRODUCTS

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GENERAL INFO

© 2013-2024 All rights reserved. Tickeron Inc.

NBR Stock Nabors Industries (NBR, $74.6) entered Downtrend as Momentum indicator drops below 0 level on May 10, 2024

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05/11/24

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NBR - Nabors Industries Ltd

Momentum signal

Bearish Trend

Odds of DOWN Trend

Momentum signal

Price: $74.6

Daily change: -$1.89 (-2.47%)

Daily volume: 130.7K

Industry: Contract Drilling

This indicator may be signaling that NBR's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 79 similar cases where NBR's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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published General Information

General Information

a provider of contract drilling and services

Industry ContractDrilling

Profile

Fundamentals

Details

Industry

Contract Drilling

Address

4 Par-la-Ville Road

Phone

+1 441 292-1510

Employees

12000

Web

https://www.nabors.com