HIMALAYA SHIPPING LTD (HSHP) Stock Technical Analysis
NYSE:HSHP - New York Stock Exchange, Inc. - BMG4660A1036 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to HSHP. In the past year, HSHP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
68% of all other stocks performed better in the past year than HSHP.
HSHP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
HSHP is one of the better performing stocks in the Marine Transportation industry, it outperforms 87% of 32 stocks in the same industry.
In the last month HSHP has a been trading in the 4.29 - 5.49 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
HSHP has an average technical rating and also the quality of the setup is only medium 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
4.46
6.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.17 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.67 from a horizontal line in the weekly time frame.
- Support @4.51 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @5.55 from a trend line in the daily time frame.
- A resistance zone ranging from 5.95 to 6.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.26
Mansfield-1.86
10 Day High5.49
10 Day Low4.5
20 Day High5.49
20 Day Low4.29
52 Week High9.76
52 Week Low4.29
Performance
1 Week3.81%
2 Weeks21.11%
1 Month12.14%
3 Month16.7%
6 Month-23.46%
12 Month-36.18%
2 Year7.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)60.15
LBB4.28
UBB5.7
5.45
+0.03 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.55%
1 Week3.81%
2 Weeks21.11%
1 Month12.14%
3 Month16.7%
6 Month-23.46%
12 Month-36.18%
2 Year7.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%4.11%
ATR Inc-35.33%
Range Today0.07
ADR(20)0.2
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.26
Mansfield-1.86
10 Day High5.49
10 Day Low4.5
20 Day High5.49
20 Day Low4.29
52 Week High9.76
52 Week Low4.29
CS1 End5.31
CR1 Start5.55
Volume & EV
DER(3)-1.28%
DER(5)-1.92%
Volume46.40K
Volume Incr-65.85%
Vol(5)68.36K
Vol(50)184.20K