NBR Stock Nabors Industries (NBR, $100.81) price may drop as it broke higher Bollinger Band on Jul 25, 2024

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07/26/24

NBR - Nabors Industries Ltd

Bollinger signal

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Odds of DOWN Trend

Price: $100.81

Daily change: +$11.37 (+12.71%)

Daily volume: 717.4K

Capitalization: $961.8M

Industry: Contract Drilling

This price move could be a signal that NBR may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 46 similar cases where NBR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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