SONICSHARES GLOBAL SHIPPING (BOAT) Stock Technical Analysis
NYSEARCA:BOAT - NYSE Arca - US8863646456 - ETF - Currency: USD
Taking everything into account, BOAT scores 8 out of 10 in our technical rating. 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.
Warning: BOAT has an average volume of 14192 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BOAT has a been trading in the 28.30 - 31.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BOAT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
BOAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BOAT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although BOAT has an excellent technical rating, it does not present a decent entry opportunity 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
28.14
31.30
2 important support areas can be observed.
- A support zone ranging from 29.50 to 30.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.42 to 28.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.99 to 30.99. 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 | 47.25 | 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) | UP | POSITIVE | The current price of BOAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BOAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.26 | NEUTRAL | The RSI value for BOAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BOAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.29 | OVERBOUGHT | The high Stochastics value suggests BOAT may be overbought. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for BOAT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for BOAT 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)
NYSEARCA:BOAT (7/28/2025, 8:11:02 PM)
30.8037
-0.16 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.51%
1 Week4.02%
2 Weeks3.59%
1 Month7.44%
3 Month14.39%
6 Month11.38%
12 Month-5.94%
2 Year6.59%
3 Year-4.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.21%
ATR Inc-38.15%
Range Today0.2
ADR(20)0.36
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.25
Mansfield-0.55
10 Day High31
10 Day Low29.29
20 Day High31
20 Day Low28.3
52 Week High36.1
52 Week Low22.16
CS1 End30.14
CR1 Start30.99
Volume & EV
DER(3)5.2%
DER(5)7.13%
Volume3.50K
Volume Incr-20.43%
Vol(5)8.16K
Vol(50)14.19K