Is Nordic American Tankers Ltd. technically bullish or bearish?

Oct 06 2025 12:04 PM IST
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As of October 3, 2025, Nordic American Tankers Ltd. shows a bullish technical trend supported by positive MACD and Bollinger Bands, though caution is advised due to mixed signals from KST and OBV, despite recent outperformance against the S&P 500.
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 Bollinger Bands are also indicating a bullish stance on both weekly and monthly time frames. Daily moving averages support a bullish outlook as well. However, the KST shows a bearish signal on the monthly, and the OBV is mildly bearish on the weekly, suggesting some caution.

In terms of performance, the stock has outperformed the S&P 500 over the past week and month, with returns of 4.06% and 5.05% respectively, compared to the S&P 500's 1.09% and 4.15%. However, over the longer term, the stock has underperformed the index over the 1-year, 3-year, and 5-year periods. Overall, the current technical stance is bullish, but with mixed signals indicating potential volatility.
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