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 8 out of 10 to HSHP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HSHP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HSHP is part of the Marine Transportation industry. There are 36 other stocks in this industry. HSHP outperforms 88% of them.
In the last month HSHP has a been trading in the 5.75 - 7.39 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, HSHP turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
HSHP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSHP is lagging the market.
Although HSHP 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
4.46
7.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.25 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.92 from a trend line in the daily time frame.
- Support @4.67 from a horizontal line in the weekly time frame.
- Support @4.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.16 to 7.18. 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 HSHP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSHP is up. |
| ChartMill Relative Strength | 69.45 | NEUTRAL | HSHP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSHP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSHP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HSHP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for HSHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HSHP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.47 | OVERBOUGHT | The high Stochastics value suggests HSHP may be overbought. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for HSHP suggests some volalility. |
| Average Directional Index/ADX (14) | 31.01 | POSITIVE | The high ADX value value for HSHP suggests a strong 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)
NYSE:HSHP (7/28/2025, 2:00:46 PM)
7.03
-0.14 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.95%
1 Week5.6%
2 Weeks5.75%
1 Month19.7%
3 Month38.95%
6 Month50.63%
12 Month-11.15%
2 Year18.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.21%
ATR Inc20.49%
Range Today0.14
ADR(20)0.19
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.45
Mansfield0.55
10 Day High7.39
10 Day Low6.47
20 Day High7.39
20 Day Low5.76
52 Week High8.74
52 Week Low4.29
CS1 End6.27
CR1 StartN/A
Volume & EV
DER(3)6.16%
DER(5)5.01%
Volume106.23K
Volume Incr-4.79%
Vol(5)176.70K
Vol(50)149.29K