NORDIC AMERICAN TANKERS LTD (NAT) Stock Technical Analysis
NYSE:NAT - New York Stock Exchange, Inc. - BMG657731060 - Common Stock - Currency: USD
Taking everything into account, NAT scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NAT is a bad performer in the overall market: 87% of all stocks are doing better.
NAT is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 73% of 211 stocks in the same industry do better.
NAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NAT has a been trading in the 2.57 - 2.85 range, which is quite wide. It is currently trading near the lows of this range.
NAT has an average volume of 2706150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, NAT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
2.41
3.93
When analyzing the support we notice one important area.
- A support zone ranging from 2.43 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.90 from a horizontal line in the weekly time frame.
- Resistance @3.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.27 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.64 from a trend line in the weekly time frame.
- Resistance @3.81 from a horizontal line in the weekly time frame.
- Resistance @3.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.25
Mansfield-3.05
10 Day High2.77
10 Day Low2.57
20 Day High2.85
20 Day Low2.57
52 Week High4.4
52 Week Low2.41
Performance
1 Week-1.5%
2 Weeks-4.01%
1 Month-1.87%
3 Month-11.45%
6 Month-27.55%
12 Month-34.58%
2 Year-40.63%
3 Year8.68%
5 Year-18.32%
10 Year-74.29%
15 Year-90.95%
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)-0.01
RSI(14)43.39
LBB2.58
UBB2.82
2.63
+0.01 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.38%
1 Week-1.5%
2 Weeks-4.01%
1 Month-1.87%
3 Month-11.45%
6 Month-27.55%
12 Month-34.58%
2 Year-40.63%
3 Year8.68%
5 Year-18.32%
10 Year-74.29%
15 Year-90.95%
Volatility
ATR(14)0.09
ATR(20)%3.29%
ATR Inc-0.48%
Range Today0.06
ADR(20)0.09
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.25
Mansfield-3.05
10 Day High2.77
10 Day Low2.57
20 Day High2.85
20 Day Low2.57
52 Week High4.4
52 Week Low2.41
CS1 End2.43
CR1 Start2.66
Volume & EV
DER(3)-3.12%
DER(5)-0.88%
Volume2.91M
Volume Incr7.43%
Vol(5)2.67M
Vol(50)2.71M