National Oilwell Varco Inc (NOV) is a global provider of equipment and components used in oil and gas drilling and production operations. As with any investment, it is important to analyze the technical indicators to gain insights into the stock's performance. One such indicator is the Relative Strength Index (RSI), which measures the stock's momentum. A high RSI value suggests that the stock is overbought, while a low RSI value indicates oversold conditions. By monitoring the RSI, investors can determine potential entry or exit points for NOV stock.

Another important technical indicator is the Average Directional Index (ADX), which helps investors identify the strength of a trend. A high ADX value indicates a strong trend, while a low ADX value suggests a weak trend. NOV stock's ADX value can provide valuable information on the stock's trend and assist in making informed investment decisions. It is crucial to also consider the Moving Average Convergence Divergence (MACD) indicator, which measures the relationship between two moving averages. A positive MACD suggests bullish momentum, while a negative MACD indicates bearish momentum.

NOV (NOV) Technical Analysis

Discover the technical indicators for National Oilwell Varco Inc (NOV) stock, including RSI, ADX, MACD, ROC, STOCHRSI, and WILLR. Explore the analysis and ratings to gain insights into NOV's performance. Find out more in this informative page.

NOV Technical Analysis: Indicators, RSI, ADX, MACD, and More

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.

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This suggests that the technical indicators do not strongly favor either a buying or selling stance. In such cases, investors may need to rely on additional fundamental or market analysis to make a well-informed decision.

Balanced or Uncertain

MACD

WILLR

STOCHRSI

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is to help users identify stocks that trade at a low value relative to their fundamentals. Suitable for value investors such as Warren Buffet.

Name	Value	Action	infoPnL (10y)
auto_graphRSI	36.00	Neutral	-
auto_graphMACD	-0.77	Neutral	-17.5%
auto_graphCCI	-154.45	Buy	-
auto_graphADX	16.74	Neutral	-
auto_graphATR	2.55	Buy	-
auto_graphWILLR	-96.17	Buy	-
auto_graphROC	-28.13	Neutral	-19.8%
auto_graphSTOCHRSI	33.33	Neutral	-14.4%

Buy	3	-62.50%
Hold	5	-37.50%
Sell	0	-100.00%

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NOV (NOV) Technical Analysis

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