INTERNATIONAL SEAWAYS INC (INSW) Stock Technical Analysis
USA - NYSE:INSW - MHY410531021 - Common Stock
46.05 USD
-0.08 (-0.17%)
45.2 USD
-0.85 (-1.85%)
We assign a technical rating of 7 out of 10 to INSW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INSW is only an average performer.
In the last month INSW has a been trading in the 45.06 - 49.83 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, INSW outperforms 45% of them, which is more or less in line with the market.
INSW is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, INSW did better than 64% of them.
INSW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INSW is lagging the market.
INSW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 46.04, a Stop Loss order could be placed below this zone.
More info and screens
43.74
49.62
2 important support areas can be observed.
- A support zone ranging from 46.04 to 46.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.18 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.01 to 47.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.13 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for INSW is neutral. |
| ChartMill Relative Strength | 45.96 | NEUTRAL | INSW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INSW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INSW is above 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) | 48.22 | NEUTRAL | The RSI value for INSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests INSW has a negative trend. |
| Stochastics (14,3) | 15.44 | OVERSOLD | The low Stochastics value suggests INSW may be oversold. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for INSW suggests some volalility. |
| Average Directional Index/ADX (14) | 27.97 | POSITIVE | The high ADX value value for INSW 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)
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 |
|---|---|---|---|
| 47.63 | 46.03 | 1.60 (3.36%) | 25.00% |
| An entry @47.63. This is a Buy Stop order right above the resistance zone. | An exit @46.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.60 points, which is 3.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of INSW. 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.
46.05
-0.08 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.17%
1 Week-2.85%
2 Weeks-5.67%
1 Month0.04%
3 Month17.09%
6 Month60.12%
12 Month-13.93%
2 Year-4.24%
3 Year8.58%
5 Year240.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%2.65%
ATR Inc-15.64%
Range Today1.04
ADR(20)1.08
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.96
Mansfield0.49
10 Day High48.76
10 Day Low45.06
20 Day High49.83
20 Day Low45.06
52 Week High54.3
52 Week Low27.2
CS1 End46.04
CR1 Start47.01
Volume & EV
DER(3)1.57%
DER(5)1.24%
Volume379.30K
Volume Incr-15.31%
Vol(5)445.96K
Vol(50)537.64K