Nordic American Tankers Ltd

NAT is in a Stage 2 advancing regime with a bullish medium-term bias, but near-term extension and extreme overbought readings warrant waiting for a pullback into rising EMAs before entry.

• ↑Quarterly dividend raised to $0.22, yielding 14.2% annually.
• ↑Suezmax freight rates sustained by vessel scarcity boost profit.
• ↓Consensus 'Reduce' rating with $4 average price target.