Markets
NOV

NOV Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of National Oilwell Varco Inc (Symbol: NOV) crossed below their 200 day moving average of $36.39, changing hands as low as $35.74 per share. National Oilwell Varco Inc shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of NOV shares, versus its 200 day moving average:

National Oilwell Varco Inc 200 Day Moving Average Chart

Looking at the chart above, NOV's low point in its 52 week range is $26.86 per share, with $43.63 as the 52 week high point - that compares with a last trade of $35.81.

According to the ETF Finder at ETF Channel, NOV makes up 5.40% of the iShares U.S. Oil Equipment & Services ETF (Symbol: IEZ) which is trading lower by about 2.7% on the day Wednesday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

NOV IEZ

Other Topics

Commodities