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Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Nordic American Tankers Limited (NYSE:NAT)
Bear Market Rally (-75) - NAT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NAT as it may be in the beginning 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 Jul 8th, 2021 at 3.015
The intermediate-term trend has been UP since Oct 1st, 2021 at 2.610
The short-term trend has been DOWN since Oct 6th, 2021 at 2.630
Smart Scan Analysis for NAT
Based on our trend formula, NAT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.48 | 2.52 | 2.42 | 2.43 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.43 | 2647816 | 2021-10-15 15:59:52 |
| Year High | 3.47 | Year High Date | 2018-11-08 |
| Year Low | 1.82 | Year Low Date | 2018-02-09 |
| 52wk High | 4.05 | 52wk High Date | 2021-03-26 |
| 52wk Low | 2.08 | 52wk Low Date | 2021-08-19 |
| Year End Close | 8.75 | Average Volume | 2,984,101 |
| Shares Outstanding | 151,446 | Short Interest | 5,908,358 |
| % Institutional | 31.9 | Market Cap | 281M |
| Assets | 929,586,000M | Liabilities | 366,913,000M |
| P/E Ratio | 7 | Beta | 1.06 |
| Volatility | 79.89 |