Nabors's most recent trend suggests a bearish bias. One trading opportunity on Nabors is a Bear Call Spread using a strike $25.00 short call and a strike $30.00 long call offers a potential 7.53% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $25.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $30.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nabors is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Nabors is bearish.
The RSI indicator is at 41.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nabors
Bears on prowl in oil servicers
Thu, 04 Sep 2014 18:20:48 GMT
Today's Thorns, Roses, and All Time Highs…
Tue, 26 Aug 2014 21:15:46 GMT
Companies Say ‘No Way' to ‘Say on Pay'
Tue, 26 Aug 2014 17:45:49 GMT
The Wall Street Journal – Meet the renegades of executive pay: two dozen companies, including Oracle Corp. , RadioShack Corp. and Nabors Industries Ltd. , that keep giving top officers sky-high pay packages and luxury perks despite …
Some Companies Still ‘Say on Pay' Renegades
Tue, 26 Aug 2014 15:56:58 GMT
Companies Say ‘No Way’ to ‘Say on Pay’
Tue, 26 Aug 2014 15:13:50 GMT
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