Nabors Industries (NBR) Bullish Technical Alert - Trend Up 28.6%

Posted on: Mon, 02 Nov 2009 14:55:00 EST


Symbols: NBR
Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --
NBR | Quote | Chart | News | PowerRating -- Nabors Industries (NYSE:NBR) is trading 2.1% higher (up $0.43 to $21.26) today on volume of 2,269,498 shares. The stock has traded within a 52-week range of $8.25 and $24.07.

Nabors Industries is currently above its 50-day moving average of $20.29 and above its 200-day moving average of $15.69.

SmarTrend is bullish on shares of NBR and our subscribers received an Uptrend alert on July 17, 2009 at $16.53, which has returned 28.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Nabors Industries Inc (NBR) NBR. Nabors Industries Inc (NBR) has Short Term PowerRatings at TradingMarkets. Details on Nabors Industries Inc (NBR) Short Term PowerRatings is available at This Link.

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