Based on a composite score of 4.67/10, we rate NOV as a Netural. Our analysis breaks down into 3.00/10 for Fundamentals, 6.48/10 for Technicals, and 4.59/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Technical Analysis of NOV?
NOV presents a Outperform setup with a Technical Score of 6.48/10. Key technical indicators highlight an RSI of 59.89 and a MACD of -0.08, with the trend anchored by the 50-Day SMA at 16.91. Traders should monitor key support at 17.78 and resistance at 18.97.
Is NOV undervalued or overvalued?
NOV scores 3.00/10 on fundamentals and holds a Premium valuation at present. Backed by its 2.27% ROE, 1.73% net margin, 47.57 P/E ratio, 1.09 P/B ratio, and -75.93% earnings growth, these metrics solidify its Underperform investment rating.
Is money flowing into or out of NOV?
NOV holds a Bearish analyst rating, with 50% of experts assigning a Strong Buy grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 4.59/10 (Netural).
Trend Analysis of NOV
Based on a composite score of 4.67/10, we rate NOV as a Netural. Our analysis breaks down into 3.00/10 for Fundamentals, 6.48/10 for Technicals, and 4.59/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Is NOV undervalued or overvalued?
NOV scores 3.00/10 on fundamentals and holds a Premium valuation at present. Backed by its 2.27% ROE, 1.73% net margin, 47.57 P/E ratio, 1.09 P/B ratio, and -75.93% earnings growth, these metrics solidify its Underperform investment rating.
Technical Analysis of NOV?
NOV presents a Outperform setup with a Technical Score of 6.48/10. Key technical indicators highlight an RSI of 59.89 and a MACD of -0.08, with the trend anchored by the 50-Day SMA at 16.91. Traders should monitor key support at 17.78 and resistance at 18.97.
Is money flowing into or out of NOV?
NOV holds a Bearish analyst rating, with 50% of experts assigning a Strong Buy grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 4.59/10 (Netural).
