NOV
NOV Inc. Energy - Oil & Gas Equipment & Services Investor Relations →
NOV Inc. (NOV) closed at $18.91 as of 2026-02-02, trading 14.6% above its 200-week moving average of $16.50. The stock moved further from the line this week, up from 11.2% last week. With a 14-week RSI of 79, NOV is in overbought territory.
Over the past 1479 weeks of data, NOV has crossed below its 200-week moving average 15 times. On average, these episodes lasted 50 weeks. The average one-year return after crossing below was -8.3%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $7.0 billion, NOV is a mid-cap stock. The company generates a free cash flow yield of 8.8%, which is notably high. Return on equity stands at 2.4%. The stock trades at 1.1x book value.
Over the past 28.4 years, a hypothetical investment of $100 in NOV would have grown to $140, compared to $1224 for the S&P 500. NOV has returned 1.2% annualized vs 9.2% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 119.6% compound annual rate, with 1 consecutive year of positive cash generation.
Growth of $100: NOV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NOV Crosses Below the Line?
Across 15 historical episodes, buying NOV when it crossed below its 200-week moving average produced an average return of -7.1% after 12 months (median -7.0%), compared to +11.2% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +6.0% vs +26.6% for the index.
Each line shows $100 invested at the moment NOV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NOV has crossed below its 200-week MA 15 times with an average 1-year return of +-8.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1998 | Jan 1998 | 1 | 2.6% | -51.6% | +125.3% |
| Jun 1998 | Feb 2000 | 86 | 66.5% | -51.3% | +107.4% |
| Jul 2001 | Mar 2002 | 34 | 41.1% | -9.2% | +159.9% |
| Jun 2002 | Jan 2004 | 82 | 28.6% | +4.6% | +155.5% |
| Sep 2008 | Oct 2009 | 53 | 52.0% | -0.9% | -34.8% |
| Oct 2009 | Jan 2010 | 10 | 9.2% | +35.6% | -34.4% |
| Jan 2010 | Oct 2010 | 37 | 26.7% | +60.2% | -38.4% |
| Dec 2014 | Dec 2014 | 1 | 6.7% | -43.6% | -63.7% |
| Dec 2014 | May 2018 | 176 | 52.6% | -46.6% | -65.9% |
| Oct 2018 | Apr 2022 | 180 | 70.1% | -41.4% | -42.0% |
| Apr 2022 | May 2022 | 5 | 10.3% | -2.9% | +7.1% |
| Jun 2022 | Aug 2022 | 8 | 23.0% | -4.6% | +23.4% |
| Sep 2022 | Oct 2022 | 4 | 12.7% | +21.9% | +16.0% |
| May 2023 | Jul 2023 | 9 | 9.9% | +20.5% | +29.5% |
| Sep 2024 | Jan 2026 | 70 | 30.6% | -14.9% | +22.0% |
| Average | 50 | — | +-8.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02