Is Nordic American Tankers Ltd. technically bullish or bearish?

Oct 05 2025 11:49 AM IST
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As of October 3, 2025, Nordic American Tankers Ltd. shows a bullish trend supported by positive MACD and Bollinger Bands, despite some mixed signals from KST and OBV, while outperforming the S&P 500 in the short term but lagging in long-term returns.
As of 3 October 2025, the technical trend for Nordic American Tankers Ltd. has changed from mildly bullish to bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, supporting the positive stance. Daily moving averages also indicate a bullish trend. However, the KST shows a bearish signal on the monthly timeframe, and the OBV is mildly bearish on the weekly.

In terms of performance, the stock has outperformed the S&P 500 over the past week and month, returning 4.06% and 5.05% respectively, while the S&P 500 returned 1.09% and 4.15%. However, the one-year and three-year returns are negative and significantly lag behind the S&P 500, which returned 17.82% and 82.57% respectively. Overall, the current stance is bullish, but the strength is mixed due to some bearish indicators.
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