NATHAN'S FAMOUS INC (NATH) Stock Technical Analysis
USA - NASDAQ:NATH - US6323471002 - Common Stock
108.61 USD
+2.47 (+2.33%)
108.61 USD
0 (0%)
Overall NATH gets a technical rating of 7 out of 10. NATH has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NATH did better than 81% of all other stocks.
NATH is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. NATH outperforms 89% of them.
NATH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NATH is performing more or less in line with the market.
In the last month NATH has a been trading in the 103.38 - 111.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
NATH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 108.09, 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.
More info and screens
90.88
116.91
5 important support areas can be observed.
- A support zone ranging from 106.22 to 108.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.70 to 103.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 98.39 to 98.39. 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @110.45 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for NATH is neutral. |
| ChartMill Relative Strength | 81.88 | POSITIVE | NATH has a high relative strength, it outperformed 81.88% 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) | UP | POSITIVE | The current price of NATH is above the rising 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) | 52 | NEUTRAL | The RSI value for NATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NATH has a positive trend. |
| Stochastics (14,3) | 62.04 | NEUTRAL | The Stochastics value for NATH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for NATH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.33 | 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 |
|---|---|---|---|
| 110.46 | 106.21 | 4.25 (3.85%) | 25.00% |
| An entry @110.46. This is a Buy Stop order right above the resistance zone. | An exit @106.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.25 points, which is 3.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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.
108.61
+2.47 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.33%
1 Week2.63%
2 Weeks0.47%
1 Month3.96%
3 Month11.68%
6 Month9.64%
12 Month21.37%
2 Year61.05%
3 Year59.96%
5 Year91.21%
10 Year148.25%
15 Year575.43%
Volatility
ATR(14)2.89
ATR(20)%2.74%
ATR Inc67.38%
Range Today3.55
ADR(20)2.9
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.88
3 months CRS80.44
6 months CRS56.31
Mansfield0.07
10 Day High110.92
10 Day Low103.44
20 Day High111.39
20 Day Low103.38
52 Week High118.5
52 Week Low75.15
CS1 End108.09
CR1 Start110.45
Volume & EV
DER(3)1.4%
DER(5)2.93%
Volume118.30K
Volume Incr76.49%
Vol(5)66.30K
Vol(50)36.99K
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 current trend direction of NATHAN'S FAMOUS INC (NATH) stock?
The current trend direction for NATHAN'S FAMOUS INC (NATH) is Bullish.
What is the RSI signal for NATHAN'S FAMOUS INC (NATH) stock?
NATHAN'S FAMOUS INC (NATH) has an RSI value of 51.9991. This indicates that the stock is currently neutral.
What is the short term momentum for NATHAN'S FAMOUS INC (NATH) stock?
The short term momentum for NATHAN'S FAMOUS INC (NATH) is neutral.