Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
45/100 Orange
Prior entry (1 Aug 2026): 80/100 → Green. Real decline — Green → Orange.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 0/35
MACD bullish✗ +20
ROC positive✗ +15
Trend Strength · 0/20
ADX > 25(value: 17.88)✗ +20
Volatility · 10/10
ATR vs 50d avg(stable, visual estimate)✓ +10
Note: Trend intact, price above both the 50 SMA ($5.92) and 250 SMA ($4.58). But momentum has broken down since the 1 August read — MACD crossed below signal at today’s close, and ROC prints exactly flat at 0.00, netting zero points either way. ADX at 17.88 shows no trend-strength conviction. Volatility, which had structurally stepped up earlier this year, has stayed range-bound for months now and earns the full 10 points as the one steady category. Score falls from 80/Green to 45/Orange.
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
Nordic American Tankers Limited (NAT) daily chart with 50/250 SMA, ADX, MACD, ROC, and ATR panels
NAT drops a full band this week as momentum breaks down cleanly. Trend still scores in full, with price holding above both SMAs, but MACD crossed below its signal line at today’s close and ROC landed at exactly zero — a rare precise flatline that nets no points in either direction rather than a decisive negative read. ADX at 17.88 offers no trend-strength support to lean on. The one steady category is volatility: after structurally stepping up earlier in the year, ATR has stayed range-bound for months and earns the full allocation. The picture is a name that’s stalled rather than reversed — worth watching for which way the momentum indicators resolve next week.