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Stock Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

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.

NYSE_NAT
Open High Low NAT Price Change
2.6700 2.6862 2.6000 2.6200 -0.0500
Entry Signal

MarketClub’s Trade Triangles for NAT

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 1.87

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 2.33

short term up The short-term trend has been UP since Aug 8th, 2022 at 2.62

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).

+60
Smart Scan Analysis for NAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6700 2.6862 2.6000 2.6200 -0.0500
Prev. Close Volume Bid Ask Time
2.6700 2777823 2022-08-12 15:59:50
Year High3.47Year High Date2018-11-08
Year Low1.82Year Low Date2018-02-09
52wk High3.3552wk High Date2022-04-21
52wk Low1.452wk Low Date2022-02-08
Year End Close8.75Average Volume4,012,716
Shares Outstanding151,446Short Interest5,908,358
% Institutional31.9Market Cap281M
Assets829,103,000MLiabilities337,324,000M
P/E Ratio7Beta1.06
Volatility79.89
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