National Oilwell Varco Stock Forecast

Sell candidate since Jul 15, 2025 Gain 1.17%

The National Oilwell Varco Inc stock price gained 1.81% on the last trading day (Thursday, 17th Jul 2025), rising from $12.72 to $12.95. During the last trading day the stock fluctuated 2.48% from a day low at $12.68 to a day high of $13.00. The price has fallen in 7 of the last 10 days and is down by -1.89% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 480 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $41.30 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $12.69 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.24% during the next 3 months and, with a 90% probability hold a price between $14.00 and $15.70 at the end of this 3-month period.

NOV Signals & Forecast

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The National Oilwell Varco Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $13.23 and $12.99. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, July 10, 2025, and so far it has fallen -5.89%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Wednesday, June 04, 2025 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for National Oilwell Varco Inc stock

National Oilwell Varco Inc finds support from accumulated volume at $12.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.315 between high and low, or 2.48%. For the last week, the stock has had daily average volatility of 3.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NOV) For The Upcoming Trading Day Of Friday 18th

For the upcoming trading day on Friday, 18th we expect National Oilwell Varco Inc to open at $12.88, and during the day (based on 14 day Average True Range), to move between $12.74 and $13.16, which gives a possible trading interval of +/-$0.427 (+/-3.35%) up or down from last closing price. If National Oilwell Varco Inc takes out the full calculated possible swing range there will be an estimated 3.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.08 (1.00%) than the support at $12.73 (1.70%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is National Oilwell Varco Inc stock A Buy?

The National Oilwell Varco Inc stock holds several negative signals and despite the positive trend, we believe National Oilwell Varco Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.364 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 18, 2025 - $12.88 ( 0.579%).

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