Stock Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Nordic American Tankers (NYSE:NAT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NAT
The long term trend has been UP since May 15th, 2019 at 2.38
The intermediate term trend has been DOWN since May 31st, 2019 at 2.08
The short term trend has been UP since Jun 13th, 2019 at 2.11
Smart Scan Analysis for NAT
Based on a pre-defined weighted trend formula for chart analysis, NAT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.47||Year High Date||2018-11-08|
|Year Low||1.82||Year Low Date||2018-02-09|
|52wk High||3.47||52wk High Date||2018-11-08|
|52wk Low||1.81||52wk Low Date||2019-02-08|
|Year End Close||8.75||Average Volume||1,250,314|
|Shares Outstanding||141,970||Short Interest||5,908,358|
|% Institutional||31.9||Market Cap||325M|