INTERNATIONAL SEAWAYS INC (INSW)

MHY410531021 - Common Stock

52.515  +0.91 (+1.75%)

Technical Rating and Analysis

6

Taking everything into account, INSW scores 6 out of 10 in our technical rating. In the last year, INSW was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month INSW has a been trading in the 51.12 - 55.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that INSW is one of the better performing stocks in the market, outperforming 79% of all stocks.
INSW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so INSW is performing more or less in line with the market.
INSW is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 56% of 213 stocks in the same industry.
Weekly and Daily overview Charts
INSW Weekly chart
INSW Daily chart
Setup Rating and Analysis

8

INSW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.62

55.67

We found 4 important support areas.

  • A support zone ranging from 50.88 to 52.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 48.18 to 48.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @44.47 from a horizontal line in the weekly time frame.
  • Support @38.00 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 54.00 to 55.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.24
Mansfield0.42
10 Day High54.72
10 Day Low51.12
20 Day High55.59
20 Day Low51.12
52 Week High55.59
52 Week Low34.77
Performance
1 Week-2.71%
2 Weeks-4.62%
1 Month-2.07%
3 Month-1.66%
6 Month14.43%
12 Month28.93%
2 Year144.25%
3 Year191.91%
5 Year189.62%
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)-0.18
RSI(14)43.81
LBB50.94
UBB55.07
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
52.9651.111.85 (3.49%)25.00%
An entry @52.96. This is a Buy Stop order right above the resistance zone.An exit @51.11. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.85 points, which is 3.49%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%.

  • 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.
INSW Daily chart

INTERNATIONAL SEAWAYS INC

NYSE:INSW (4/19/2024, 9:19:18 AM)

52.515

+0.91 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.75%
1 Week-2.71%
2 Weeks-4.62%
1 Month-2.07%
3 Month-1.66%
6 Month14.43%
12 Month28.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.38
ATR(20)%2.43%
ATR Inc
Range Today1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.72
10 Day Low51.12
20 Day High55.59
20 Day Low51.12
52 Week High55.59
52 Week Low34.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume52.85K
Volume Incr-21.38%
Vol(5)365.58K
Vol(50)504.65K