National Oilwell's most recent trend suggests a bullish bias. One trading opportunity on National Oilwell is a Bull Put Spread using a strike $33.00 short put and a strike $28.00 long put offers a potential 5.93% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $33.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $28.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for National Oilwell is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for National Oilwell is bullish.
The RSI indicator is at 58.21 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for National Oilwell
See what the IHS Markit Score report has to say about National Oilwell Varco Inc.
Wed, 06 Dec 2017 13:03:04 +0000
National Oilwell Varco Inc NYSE:NOV
National Oilwell Varco, Inc. – Value Analysis (NYSE:NOV) : December 5, 2017
Tue, 05 Dec 2017 18:49:20 +0000
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives National Oilwell Varco, Inc. a score of 9. Our analysis is based on comparing National Oilwell Varco, Inc. with the following peers – Oil States International, Inc., Baker Hughes, a GE Company Class A, Schlumberger NV, Forum Energy Technologies, Inc., Tesco Corporation, Newpark Resources, Inc., Dril-Quip, Inc. … Read more
National Oilwell Varco, Inc. breached its 50 day moving average in a Bullish Manner : NOV-US : December 4, 2017
Mon, 04 Dec 2017 12:18:45 +0000
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for National Oilwell Varco, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average … Read more
Free Research Report as National Oilwell’s Revenue Grew 11% and Net Loss Narrowed
Thu, 30 Nov 2017 12:20:00 +0000
Stock Monitor: SAExploration Post Earnings Reporting LONDON, UK / ACCESSWIRE / November 30, 2017 / Active-Investors free earnings report on National Oilwell Varco, Inc. (NYSE: NOV ) (“National Oilwell”) …
OPEC's latest deal with Russia could fall apart and tank crude oil
Tue, 28 Nov 2017 16:03:00 +0000
Crude oil is sliding again today as energy traders look ahead to the OPEC-led meeting in Vienna. What kind of deal should we expect? Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.
Also on Market Tamer…
Follow Us on Facebook