- NOV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $267.7 million.
- NOV has traded 643,026 shares today.
- NOV is trading at 5.53 times the normal volume for the stock at this time of day.
- NOV crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in NOV with the Ticky from Trade-Ideas. See the FREE profile for NOV NOW at Trade-Ideas More details on NOV: National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. The stock currently has a dividend yield of 2.3%. NOV has a PE ratio of 13.7. Currently there are 9 analysts that rate National Oilwell Varco a buy, 1 analyst rates it a sell, and 8 rate it a hold.