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50 Day Moving Average Resistance appears for NOV after 0.94% move
NOV posted a 0.94% loss on Thursday, October 16th, accompanied by 0.8× normal trading volume. Multiple bearish signals emerged — 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 12.54, 12.39 & 12.21, with resistance at 12.88, 13.06 & 13.21.
Current SwingTradeBot Technical Rating of NOV: D
What else did NOV do today? Find out on SwingTradeBot.
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