Nabors Industries (NBR, $33.6) RSI Indicator left the overbought zone on June 12, 2025

#ContractDrilling, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap, #Russel2000
NBR - Nabors Industries Ltd
RSI signal
Bearish Trend
84%
Odds of DOWN Trend
Price: $33.6
Daily change: -$0.79 (-2.3%)
Daily volume: 260.8K
Capitalization: $527.5M
Industry: Contract Drilling

This is a signal that NBR's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 25 similar cases where NBR's RSI Indicator left the overbought zone, and in 21 of them led to a successful outcome. Odds of Success: 84%.