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Nordic American Tankers Limited (NAT) – sideways & breakout history

NYSE

Nordic American Tankers Limited has been moving sideways between $2.825 and $4.65 since 27 Aug 2023.

Since 2021, NasdaqScan has found 2 sideways ranges in NAT. The completed range lasted 707 days. It ended without a clear breakout. The current range is 65% wide from low to high. NasdaqScan detected one breakout pattern in Nordic American Tankers Limited, on 5 Dec 2021 after 623 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$2.825 – $4.6527 Aug 2023Still sideways——
$2.30 – $9.0017 Jan 202125 Dec 2022 (707 days)Range invalidated at $3.945 Dec 2021 (BO accepted)

Breakout patterns detected

  • 5 Dec 2021: breakout from a sideways range after 623 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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