Overall BOAT gets a technical rating of 6 out of 10. Although BOAT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, BOAT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 32.24, 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
28.66
3 important support areas can be observed.
- A support zone ranging from 30.99 to 32.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.93 from a horizontal line in the daily time frame.
- A support zone ranging from 28.95 to 29.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @32.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 33.23 to 33.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BOAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOAT is up. |
| ChartMill Relative Strength | 60.42 | NEUTRAL | BOAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BOAT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for BOAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BOAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.77 | NEUTRAL | The Stochastics value for BOAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for BOAT suggests low volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for BOAT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 32.33 | 31.60 | 0.73 (2.26%) | 25.00% |
| An entry @32.33. This is a Buy Stop order right above the resistance zone. | An exit @31.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.73 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of BOAT. 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.
NYSEARCA:BOAT (12/1/2025, 6:40:00 PM)
32.314
+0.14 (+0.45%)
SONICSHARES GLOBAL SHIPPING / BOAT FAQ
What is the technical rating for BOAT stock?
ChartMill assigns a technical rating of 6 / 10 to BOAT.
What is the current trend direction of SONICSHARES GLOBAL SHIPPING (BOAT) stock?
The current trend direction for SONICSHARES GLOBAL SHIPPING (BOAT) is Bullish.
What is the RSI signal for SONICSHARES GLOBAL SHIPPING (BOAT) stock?
SONICSHARES GLOBAL SHIPPING (BOAT) has an RSI value of 55.9721. This indicates that the stock is currently neutral.
What is the MACD signal for SONICSHARES GLOBAL SHIPPING (BOAT) stock?
The MACD indicator for SONICSHARES GLOBAL SHIPPING (BOAT) has a value of -0.0451662, indicating a bearish trend.
What are the support and resistance levels for SONICSHARES GLOBAL SHIPPING (BOAT) stock?
SONICSHARES GLOBAL SHIPPING (BOAT) has a support level at 32.24 and a resistance level at 32.32. Check the full technical report for our detailed analysis of BOAT support and resistance levels.