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Archive - 8/8/2025 - Sign In to see current Signals. |
National Oilwell Varco, Inc. (NOV) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the National Oilwell Varco, Inc. (NOV). During the week, the NOV dropped -0.23 points, or -1.90%, and closed at 11.90 on Friday, August 8, 2025. Weekly volume was -16% below average.
Long-term trend: [See NOV long-term trend chart] A long-term downtrend had started on September 5, 2023 at 21.91 and reached 10.84 on April 8, 2025. NOV lost 11.07 points, or 50.52%, in 83 weeks. The price is now at the 9.58% retracement level.
Medium-term trend: [See NOV medium-term trend chart] A medium-term downtrend had started on July 31, 2024 at 21.20 and reached 10.84 on April 8, 2025. NOV lost 10.36 points, or 48.87%, in 35 weeks. The price is now at the 10.23% retracement level.
Weekly Technical Indicators: [See NOV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 6, 2025. Use the following link to access a MACD help.
Short-term trend: [See NOV short-term trend chart] A short-term downtrend had started on July 28, 2025 at 14.24 and reached 11.80 on August 7, 2025. NOV lost 2.44 points, or 17.13%, in 10 days. Price is near the trend low.
Daily Technical Indicators: [See NOV daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since July 29, 2025. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See NOV candlestick chart pattern] On Friday the chart has formed a Bearish Three Black Crows Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bearish Three Black Crows Candlestick pattern during the last week.
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