NATHAN'S FAMOUS INC (NATH) Stock Technical Analysis
USA - NASDAQ:NATH - US6323471002 - Common Stock
106.03 USD
+0.37 (+0.35%)
106.03 USD
0 (0%)
We assign a technical rating of 6 out of 10 to NATH. NATH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NATH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 77% of 135 stocks in the same industry.
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.
When compared to the yearly performance of all other stocks, NATH outperforms 67% of them, which is more or less in line with the market.
In the last month NATH has a been trading in the 102.96 - 113.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NATH has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
90.88
116.91
4 important support areas can be observed.
- A support zone ranging from 105.45 to 105.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 101.08 to 102.70. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 106.45 to 109.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @113.47 from a horizontal line 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 | 67 | NEUTRAL | NATH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NATH is below a declining 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) | 45.95 | NEUTRAL | The RSI value for NATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests NATH has a negative trend. |
| Stochastics (14,3) | 30.88 | NEUTRAL | The Stochastics value for NATH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for NATH suggests some volalility. |
| Average Directional Index/ADX (14) | 12.19 | 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 |
|---|---|---|---|
| 109.21 | 105.44 | 3.77 (3.45%) | 25.00% |
| An entry @109.21. This is a Buy Stop order right above the resistance zone. | An exit @105.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.77 points, which is 3.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- 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.
106.03
+0.37 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.35%
1 Week-4.9%
2 Weeks-0.67%
1 Month-4.01%
3 Month-6.56%
6 Month14.21%
12 Month26.14%
2 Year61.98%
3 Year62.5%
5 Year108.89%
10 Year166.14%
15 Year561.45%
Volatility
ATR(14)2.7
ATR(20)%2.6%
ATR Inc17.66%
Range Today3.74
ADR(20)2.67
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67
Mansfield-0.11
10 Day High113.86
10 Day Low105.41
20 Day High113.86
20 Day Low102.96
52 Week High118.5
52 Week Low75.15
CS1 End105.94
CR1 Start106.45
Volume & EV
DER(3)3.81%
DER(5)1.92%
Volume42.00K
Volume Incr27.95%
Vol(5)38.35K
Vol(50)31.96K