NORDIC AMERICAN TANKERS LTD (NAT)

BMG657731060 - Common Stock

2.52  +0.04 (+1.61%)

Premarket: 2.51 -0.01 (-0.4%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to NAT. NAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NAT is a bad performer in the overall market: 92% of all stocks are doing better.
NAT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 205 stocks in the same industry do better.
NAT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NAT has a been trading in the 2.41 - 3.00 range, which is quite wide. It is currently trading near the lows of this range.
NAT has an average volume of 2711290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NAT Weekly chart
NAT Daily chart
Setup Rating and Analysis

4

NAT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.49

3.93

4 important resistance areas can be observed.

  • A resistance zone ranging from 2.53 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 3.48 to 3.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 3.77 to 3.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @3.89 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.69
Mansfield-4
10 Day High2.7
10 Day Low2.41
20 Day High3
20 Day Low2.41
52 Week High4.64
52 Week Low2.41
Performance
1 Week-0.4%
2 Weeks-5.97%
1 Month-14.58%
3 Month-30.77%
6 Month-36.68%
12 Month-40%
2 Year-17.65%
3 Year49.11%
5 Year-48.78%
10 Year-74.98%
15 Year-91.6%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)31.89
LBB2.41
UBB2.76
NAT Daily chart

NORDIC AMERICAN TANKERS LTD

NYSE:NAT (12/24/2024, 7:27:31 PM)

Premarket: 2.51 -0.01 (-0.4%)

2.52

+0.04 (+1.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.61%
1 Week-0.4%
2 Weeks-5.97%
1 Month-14.58%
3 Month-30.77%
6 Month-36.68%
12 Month-40%
2 Year-17.65%
3 Year49.11%
5 Year-48.78%
10 Year-74.98%
15 Year-91.6%
Volatility
ATR(14)0.08
ATR(20)%3.88%
ATR Inc-16.47%
Range Today0.08
ADR(20)0.1
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.69
Mansfield-4
10 Day High2.7
10 Day Low2.41
20 Day High3
20 Day Low2.41
52 Week High4.64
52 Week Low2.41
CS1 EndN/A
CR1 Start2.53
Volume & EV
DER(3)0.24%
DER(5)-2.57%
Volume2.01M
Volume Incr-12.96%
Vol(5)2.57M
Vol(50)2.71M