Free Daily Analysis

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.

NYSE_NAT
Open High Low NAT Price Change
2.48 2.52 2.42 2.43 +0.01
Entry Signal

MarketClub’s Trade Triangles for NAT

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 3.015

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 2.610

short term down 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).

-75
Smart Scan Analysis for NAT
Strong Downtrend Sideways 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 High3.47Year High Date2018-11-08
Year Low1.82Year Low Date2018-02-09
52wk High4.0552wk High Date2021-03-26
52wk Low2.0852wk Low Date2021-08-19
Year End Close8.75Average Volume2,984,101
Shares Outstanding151,446Short Interest5,908,358
% Institutional31.9Market Cap281M
Assets929,586,000MLiabilities366,913,000M
P/E Ratio7Beta1.06
Volatility79.89
Get a free daily analysis and signals for Nordic American Tankers Limited (NAT) - Request Your Free Report.