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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Nordic American Tankers Limited (NYSE:NAT)
Long-Term Downtrend (-90) - NAT is in a strong downtrend that is likely to continue. While NAT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Oct 15th, 2024 at 3.575
The short-term trend has been DOWN since Nov 12th, 2024 at 3.100
Smart Scan Analysis for NAT
Based on our trend formula, NAT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.050 | 3.060 | 3.015 | 3.045 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.050 | 1144373 | 2024-11-19 15:59:31 |
| Year High | 3.47 | Year High Date | 2018-11-08 |
| Year Low | 1.82 | Year Low Date | 2018-02-09 |
| 52wk High | 4.645 | 52wk High Date | 2024-01-12 |
| 52wk Low | 2.95 | 52wk Low Date | 2024-11-12 |
| Year End Close | 8.75 | Average Volume | 2,643,000 |
| Shares Outstanding | 151,446 | Short Interest | 5,908,358 |
| % Institutional | 31.9 | Market Cap | 281M |
| Assets | 861,812,000M | Liabilities | 335,962,000M |
| P/E Ratio | 10.5172 | Beta | 1.06 |
| Volatility | 79.89 |