Is Nordic American Tankers Ltd. technically bullish or bearish?

Sep 20 2025 07:24 PM IST
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As of September 12, 2025, Nordic American Tankers Ltd. has a mildly bullish trend, supported by positive indicators like a bullish MACD and Bollinger Bands, while recently outperforming the S&P 500 with a 14.19% return over the past month, despite a 1-year underperformance of -10.81%.
As of 12 September 2025, the technical trend for Nordic American Tankers Ltd. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and a bullish signal from Bollinger Bands on both weekly and monthly timeframes. Moving averages are bullish on the daily timeframe, while the KST shows a bearish signal on the monthly. Dow Theory and OBV indicate a mildly bullish stance on both weekly and monthly timeframes.

In terms of performance, the stock has outperformed the S&P 500 over the past month with a return of 14.19% compared to the S&P 500's 2.33%, but it has underperformed over the longer term, with a 1-year return of -10.81% versus the S&P 500's 17.14%.
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