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Is NBR building bearish momentum? Non-ADX 1,2,3,4 Bearish shows up after climbing 0.62%

Nabors Industries Ltd. (NBR) — Daily Technical Analysis & Swing Trading Signals · Jul 2, 2026, 20:03 ET
NBR closed up 0.62% on Thursday, July 2nd, with volume running 0.8× below average. Multiple bearish signals emerged — Non-ADX 1,2,3,4 Bearish and Jack-in-the-Box Bearish — suggesting potential weakness ahead. Key support levels exist at 76.57, 75.29 & 73.3, with resistance at 79.85, 81.84 & 83.13. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of NBR: D

Don’t miss other key signals NBR triggered—view them now on SwingTradeBot.com.

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Nabors Industries Ltd. (NBR)