Is NOV, Inc. technically bullish or bearish?

As of 31 October 2025, the technical trend for NOV, Inc. has changed from sideways to mildly bearish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum, but the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal weekly but a mildly bearish signal monthly, which adds to the mixed signals. Overall, the strength of the bearish stance is supported by the lack of clear trends in the Dow Theory and the KST being bearish monthly.
In terms of performance, NOV, Inc. has outperformed the S&P 500 over the past week and month, returning 5.73% and 7.66% respectively, while the S&P 500 returned 0.71% and 1.92%. However, over longer periods, such as year-to-date and one year, NOV has underperformed significantly compared to the S&P 500.