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Stock Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

Nordic American Tankers Limited (NYSE:NAT)

Crossroads (+60) - NAT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open High Low NAT Price Change
3.63 3.70 3.60 3.67 +0.08
Entry Signal

MarketClub’s Trade Triangles for NAT

long term up The long-term trend has been UP since Sep 7th, 2022 at 2.88

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2023 at 3.47

short term down The short-term trend has been DOWN since May 25th, 2023 at 3.76

Smart Scan Analysis for NAT

Based on our trend formula, NAT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.63 3.70 3.60 3.67 +0.08
Prev. Close Volume Bid Ask Time
3.67 2339492 2023-06-07 15:59:59
Year High3.47Year High Date2018-11-08
Year Low1.82Year Low Date2018-02-09
52wk High4.6552wk High Date2023-03-08
52wk Low1.852wk Low Date2022-07-06
Year End Close8.75Average Volume2,747,335
Shares Outstanding151,446Short Interest5,908,358
% Institutional31.9Market Cap281M
P/E Ratio51.2857Beta1.06
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