February 29, 2016
NBR: Nabors Industries technical
analysis charts
On Friday, compared to Thursday, price action opened hi...
February 29, 2016
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero and rising.
...
February 29, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (7.06, moving up) is above the...
February 29, 2016
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 5th
consecutive close below the midd...
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Nabors Industries technical analysis charts

http://www.chartician.com/ Nabors Industries technical analysis charts
Published on: Mar 3, 2016
Published in: Data & Analytics      
Source: www.slideshare.net


Transcripts - Nabors Industries technical analysis charts

  • 1. February 29, 2016 NBR: Nabors Industries technical analysis charts On Friday, compared to Thursday, price action opened higher (7.09, vs Thursday's close of 6.90), saw a higher high (7.47, vs Thursday's high of 6.91) and higher low (6.96, vs Thursday's low of 6.22); and closed higher (7.30, vs Thursday's close of 6.90). The day's range was 51 ticks. On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose away from the top of the 20 day moving average envelope (6.72). The parameters of the envelope (6.52-6.93) are pointing higher. The RSI (55.05) below is in neutral mode between the key 20 (oversold) and 80 (overbought) levels.
  • 2. February 29, 2016 The MACD 12 day moving average is below the MACD 26 day moving average; both are above zero and rising. The Slow Stochastics, below, are in positive mode, with the K line above the D line. The Commodity Channel Index (93.07), below, is in positive mode above the oversold -200 level. On the DAILY BOLLINGER BANDS CHART below, Friday represents the 1st consecutive entire day above the middle of the Bollinger Band envelope (6.72). The Bollinger Bands (5.74-7.71) are diverging; and widened from a width of 190 ticks on Thursday to a width of 197 ticks on Friday.
  • 3. February 29, 2016 On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving average (7.06, moving up) is above the 20 day moving average (6.72, moving up), in positive mode. The 3-50 day strip of moving averages ranges from the 30 day moving average (6.53) at the bottom of the range to the 50 day moving average (7.15) at the top of the range. The Parabolic Stop and Reverse (5.86) below is in the 8th day of buy mode.
  • 4. February 29, 2016 On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 5th consecutive close below the middle of the Bollinger Bands envelope (8.40). The Bollinger Bands (5.40-11.40) are converging; contracting from a width of 666 ticks on Thursday to a width of 600 ticks on Friday.

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