STAR BULK CARRIERS CORP (SBLK)

MHY8162K2046 - Common Stock

26.075  +1.07 (+4.3%)

Technical Rating and Analysis

10

Taking everything into account, SBLK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SBLK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SBLK did better than 83% of all other stocks.
A new 52 week high is currently being made by SBLK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SBLK has a been trading in the 22.82 - 25.01 range, which is quite wide. It is currently trading near the high of this range.
SBLK has an average volume of 1605530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBLK is part of the Marine Transportation industry. There are 29 other stocks in this industry, SBLK did better than 42% of them.
Weekly and Daily overview Charts
SBLK Weekly chart
SBLK Daily chart
Setup Rating and Analysis

2

Although SBLK 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.

Support and Resistance Analysis

22.79

26.34

3 important support areas can be observed.

  • A support zone ranging from 25.01 to 25.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.63 to 23.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.02 to 23.03. 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
CRS83.61
Mansfield1.03
10 Day High25.01
10 Day Low23.43
20 Day High25.01
20 Day Low22.82
52 Week High25.16
52 Week Low16.57
Performance
1 Week1.5%
2 Weeks6.7%
1 Month4.82%
3 Month10.47%
6 Month35.87%
12 Month34.12%
2 Year-23.59%
3 Year28.14%
5 Year226.8%
10 Year-53.14%
15 Year-93.16%
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)0.13
RSI(14)63.88
LBB22.87
UBB25.45
SBLK Daily chart

STAR BULK CARRIERS CORP

NASDAQ:SBLK (5/7/2024, 9:49:09 AM)

26.075

+1.07 (+4.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg4.3%
1 Week1.5%
2 Weeks6.7%
1 Month4.82%
3 Month10.47%
6 Month35.87%
12 Month34.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%2.15%
ATR Inc
Range Today0.88
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 High25.01
10 Day Low23.43
20 Day High25.01
20 Day Low22.82
52 Week High25.16
52 Week Low16.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.15M
Volume Incr-26.15%
Vol(5)1.27M
Vol(50)1.61M