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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Nordic American Tankers Limited (NYSE:NAT)
Bull Market Weakness (+75) - NAT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NAT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NAT
The long-term trend has been DOWN since Apr 18th, 2024 at 3.770
The intermediate-term trend has been UP since May 6th, 2024 at 3.980
The short-term trend has been UP since Apr 25th, 2024 at 3.805
Smart Scan Analysis for NAT
Based on our trend formula, NAT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.95 | 4.05 | 3.95 | 4.05 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.94 | 1997932 | 2024-05-08 15:59:34 |
| Year High | 3.47 | Year High Date | 2018-11-08 |
| Year Low | 1.82 | Year Low Date | 2018-02-09 |
| 52wk High | 4.83 | 52wk High Date | 2023-10-30 |
| 52wk Low | 3.35 | 52wk Low Date | 2023-05-09 |
| Year End Close | 8.75 | Average Volume | 2,251,979 |
| Shares Outstanding | 151,446 | Short Interest | 5,908,358 |
| % Institutional | 31.9 | Market Cap | 281M |
| Assets | 879,196,000M | Liabilities | 340,892,000M |
| P/E Ratio | 8.383 | Beta | 1.06 |
| Volatility | 79.89 |