Is Nabors Industries Ltd. technically bullish or bearish?

Nov 05 2025 11:19 AM IST
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As of October 31, 2025, Nabors Industries Ltd. shows a bullish technical trend with strong weekly indicators, despite mixed monthly signals, having outperformed the S&P 500 recently but underperformed over the longer term.
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 daily moving averages also indicate a bullish stance. However, the monthly MACD is only mildly bullish, and the Bollinger Bands show a mildly bearish signal on that same timeframe. The KST is bullish weekly but bearish monthly, while Dow Theory remains mildly bullish for both weekly and monthly periods.

In terms of performance, Nabors Industries has outperformed the S&P 500 over the past week and month, with returns of 9.61% and 21.06% respectively, but it has underperformed over the longer terms, particularly year-to-date and over the past year. Overall, the current technical stance is bullish, supported by strong weekly indicators, despite some mixed signals on the monthly timeframe.
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Our weekly and monthly stock recommendations are here
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