NATHAN'S FAMOUS INC (NATH) Stock Technical Analysis
NASDAQ:NATH • US6323471002
Taking everything into account, NATH scores 7 out of 10 in our technical rating. In the last year, NATH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- NATH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the performance of all stocks over the past year, NATH turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- NATH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 66% of 126 stocks in the same industry.
- NATH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NATH is lagging the market.
NATH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 100.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 100.43 to 100.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @93.21 from a trend line in the weekly time frame.
- A support zone ranging from 89.87 to 90.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 108.87 to 110.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 113.47 to 113.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 115.66 to 115.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NATH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NATH is up. |
| ChartMill Relative Strength | 43.94 | NEUTRAL | NATH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NATH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NATH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NATH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for NATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests NATH has a negative trend. |
| Stochastics (14,3) | 26.28 | NEUTRAL | The Stochastics value for NATH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for NATH suggests low volalility. |
| Average Directional Index/ADX (14) | 28.63 | POSITIVE | The high ADX value value for NATH suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 101.02 | 100.42 | 0.60 (0.59%) | 25.00% |
| An entry @101.02. This is a Buy Stop order right above the 10 day moving average. | An exit @100.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 0.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- The distance between exit and entry is rather small compared to the average daily movement of NATH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.76
+0.01 (+0.01%)
NATHAN'S FAMOUS INC / NATH FAQ
Can you provide the ChartMill technical rating for NATHAN'S FAMOUS INC?
ChartMill assigns a technical rating of 7 / 10 to NATH.
What is the trend direction for NATH stock?
The current trend direction for NATHAN'S FAMOUS INC (NATH) is Bullish.
What is the RSI signal for NATH stock?
NATHAN'S FAMOUS INC (NATH) has an RSI value of 61.156. This indicates that the stock is currently neutral.
What is the MACD signal for NATHAN'S FAMOUS INC (NATH) stock?
The MACD indicator for NATHAN'S FAMOUS INC (NATH) has a value of -0.229064, indicating a bearish trend.
Can you provide the buy/sell signal for NATHAN'S FAMOUS INC?
The buy/sell signal for NATHAN'S FAMOUS INC (NATH) is buy as both the short term and long term trends are positive.