NATHAN'S FAMOUS INC (NATH) Stock Technical Analysis
USA - NASDAQ:NATH - US6323471002 - Common Stock
107.23 USD
-0.59 (-0.55%)
107.23 USD
0 (0%)
Taking everything into account, NATH scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NATH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NATH did better than 76% of all other stocks. We also observe that the gains produced by NATH over the past year are nicely spread over this period.
NATH is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. NATH outperforms 73% of them.
NATH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NATH is lagging the market slightly.
In the last month NATH has a been trading in the 102.28 - 110.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NATH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 107.06, a Stop Loss order could be placed below this zone.
More info and screens
87.74
116.91
When analyzing the support we can see 5 important areas.
- A support zone ranging from 103.66 to 107.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.21 to 99.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 94.47 to 94.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.80 from a horizontal line in the daily time frame.
- Support @88.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @109.95 from a trend line in the daily time frame.
- Resistance @115.75 from a horizontal line 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 | 76.83 | POSITIVE | NATH has a high relative strength, it outperformed 76.83% off all stocks 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) | DOWN | MIXED | The current price of NATH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NATH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.37 | NEUTRAL | The RSI value for NATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NATH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.88 | NEUTRAL | The Stochastics value for NATH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NATH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.6 | NEGATIVE | The low ADX value for NATH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 109.96 | 103.65 | 6.31 (5.74%) | 17.43% |
| An entry @109.96. This is a Buy Stop order right above the resistance zone. | An exit @103.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.31 points, which is 5.74%. | When investing 17.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
107.23
-0.59 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.55%
1 Week0.07%
2 Weeks4.18%
1 Month1.13%
3 Month-2.37%
6 Month13.54%
12 Month37.96%
2 Year51.42%
3 Year68.04%
5 Year108.76%
10 Year181.41%
15 Year571.2%
Volatility
ATR(14)2.66
ATR(20)%2.29%
ATR Inc-20.4%
Range Today2.55
ADR(20)2.39
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.83
Mansfield0.23
10 Day High110.95
10 Day Low102.73
20 Day High110.95
20 Day Low102.28
52 Week High118.5
52 Week Low75.15
CS1 End107.06
CR1 Start109.95
Volume & EV
DER(3)0.77%
DER(5)0.73%
Volume17.03K
Volume Incr-34.05%
Vol(5)20.75K
Vol(50)43.72K