INTERNATIONAL SEAWAYS INC (INSW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INSW - MHY410531021 - Common Stock
Taking everything into account, INSW scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although INSW has an excellent technical rating, the quality of the presented setup is not ideal 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
45.89
We found 2 important support areas.
- A support zone ranging from 47.82 to 48.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.35 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 48.46 to 50.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.50 to 54.69. 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 INSW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INSW is down. |
| ChartMill Relative Strength | 86.52 | POSITIVE | INSW has a high relative strength, it outperformed 86.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INSW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INSW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INSW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.49 | NEUTRAL | The RSI value for INSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests INSW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.23 | OVERSOLD | The low Stochastics value suggests INSW may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for INSW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for INSW suggests a possible start of a new trend. |
48.37
+0.25 (+0.52%)
INTERNATIONAL SEAWAYS INC / INSW FAQ
What is the technical rating for INSW stock?
ChartMill assigns a technical rating of 7 / 10 to INSW.
What is the current trend direction of INTERNATIONAL SEAWAYS INC (INSW) stock?
The current trend direction for INTERNATIONAL SEAWAYS INC (INSW) is Bullish.
What is the RSI signal for INTERNATIONAL SEAWAYS INC (INSW) stock?
INTERNATIONAL SEAWAYS INC (INSW) has an RSI value of 39.4895. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INTERNATIONAL SEAWAYS INC?
The short term momentum for INTERNATIONAL SEAWAYS INC (INSW) is negative.
What are the support and resistance levels for INTERNATIONAL SEAWAYS INC (INSW) stock?
INTERNATIONAL SEAWAYS INC (INSW) has a support level at 48.36 and a resistance level at 48.46. Check the full technical report for our detailed analysis of INSW support and resistance levels.