Is Nabors Industries Ltd. technically bullish or bearish?

Nov 02 2025 11:16 AM IST
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As of October 31, 2025, Nabors Industries Ltd. shows a bullish technical trend with strong weekly and monthly indicators, despite some mixed signals in longer-term performance, having outperformed the S&P 500 recently but underperformed year-to-date.
As of 31 October 2025, the technical trend for Nabors Industries Ltd. has changed from mildly bullish to bullish. The weekly MACD is bullish, and the monthly RSI indicates a bullish stance. Daily moving averages also support a bullish outlook. However, the monthly Bollinger Bands are mildly bearish, and the KST shows a bearish signal on the monthly timeframe. Dow Theory reflects a mildly bullish trend on both weekly and monthly charts.

In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 2.49% and 16.61% respectively, while it has underperformed over longer periods, including a YTD return of -15.13% compared to the S&P 500's 16.30%. Overall, the current technical stance is bullish, albeit with some mixed signals in the longer-term indicators.
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