NATHAN'S FAMOUS INC (NATH) Technical Analysis
NASDAQ:NATH • US6323471002
Current stock price
NATH Technical Rating and Analysis
Overall NATH gets a technical rating of 5 out of 10. NATH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, NATH outperforms 60% of them, which is more or less in line with the market.
- NATH is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, NATH did better than 67% of them.
- NATH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NATH is lagging the market slightly.
- In the last month NATH has a been trading in a tight range between 100.00 and 101.00.
NATH Weekly and Daily overview Charts
NATH Setup Rating and Analysis
NATH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 100.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
NATH Support and Resistance Analysis
88.97
When analyzing the support we can see 3 important areas.
- A support zone ranging from 99.87 to 100.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.64 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 101.54 to 101.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @105.66 from a trend line in the daily time frame.
- Resistance @113.47 from a horizontal line in the weekly time frame.
NATH Technical Indicator Signal Analysis
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 | 60.21 | NEUTRAL | NATH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NATH is above 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) | DOWN | NEGATIVE | The current price of NATH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.18 | NEUTRAL | The RSI value for NATH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NATH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.11 | NEUTRAL | The Stochastics value for NATH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for NATH suggests low volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for NATH suggests a possible start of a new trend. |
NATH Chart- and CandleStick Pattern Analysis
NATH Technicals: Chart, Performance Metrics, Trend & Indicators
100.73
-0.12 (-0.12%)
NATHAN'S FAMOUS INC / NATH TA FAQ
Can you provide the ChartMill technical rating for NATHAN'S FAMOUS INC?
ChartMill assigns a technical rating of 5 / 10 to NATH.
Can you provide the trend direction for NATHAN'S FAMOUS INC?
The current trend direction for NATHAN'S FAMOUS INC (NATH) is Bullish.
Can you provide the RSI signal for NATHAN'S FAMOUS INC?
NATHAN'S FAMOUS INC (NATH) has an RSI value of 55.175. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NATHAN'S FAMOUS INC?
The short term momentum for NATHAN'S FAMOUS INC (NATH) is positive.
What is the support and resistance level for NATH stock?
NATHAN'S FAMOUS INC (NATH) has a support level at 100.62 and a resistance level at 101.54. Check the full technical report for our detailed analysis of NATH support and resistance levels.