Nordic American Tankers Stock Pattern Recognition Matching Low

NAT Stock  USD 3.96  0.08  2.06%   
Nordic American pattern recognition tool provides the execution environment for running the Matching Low recognition and other technical functions against Nordic American. Nordic American value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Matching Low recognition function is designed to identify and follow existing trends. Nordic American momentum indicators are usually used to generate trading rules based on assumptions that Nordic American trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was six with a total number of output elements of fifty-five. The function generated a total of four valid pattern recognition events for the selected time horizon. The Matching Low pattern shows low bullish reversal trend for Nordic American Tankers.

Nordic American Technical Analysis Modules

Most technical analysis of Nordic American help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nordic from various momentum indicators to cycle indicators. When you analyze Nordic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Nordic American Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nordic American Tankers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nordic American Tankers based on widely used predictive technical indicators. In general, we focus on analyzing Nordic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nordic American's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nordic American's intrinsic value. In addition to deriving basic predictive indicators for Nordic American, we also check how macroeconomic factors affect Nordic American price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03530.03670.10.13
Price To Sales Ratio1.41.823.346.19
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordic American's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.493.965.43
Details
Intrinsic
Valuation
LowRealHigh
2.493.965.43
Details
Naive
Forecast
LowNextHigh
2.604.065.53
Details
4 Analysts
Consensus
LowTargetHigh
5.345.876.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nordic American. Your research has to be compared to or analyzed against Nordic American's peers to derive any actionable benefits. When done correctly, Nordic American's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nordic American Tankers.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Investing Opportunities Now

   

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Business Services Idea
Business Services
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Investor Favorites Idea
Investor Favorites
Invested over 70 shares
Banking Idea
Banking
Invested over 30 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
When determining whether Nordic American Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nordic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nordic American Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Nordic American Tankers Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordic American Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Nordic American Tankers information on this page should be used as a complementary analysis to other Nordic American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Nordic Stock analysis

When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Commodity Directory
Find actively traded commodities issued by global exchanges
Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
0.46
Earnings Share
0.47
Revenue Per Share
1.876
Quarterly Revenue Growth
(0.22)
The market value of Nordic American Tankers is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.