SEANERGY MARITIME HOLDINGS (SHIP) Stock Technical Analysis
USA - NASDAQ:SHIP - MHY737604006 - Common Stock
Taking everything into account, SHIP scores 3 out of 10 in our technical rating. In the last year, SHIP was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, SHIP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 7.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SHIP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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7.62
When analyzing the support we notice one important area.
- A support zone ranging from 7.70 to 7.85. 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.
- Resistance @8.50 from a trend line in the weekly time frame.
- Resistance @8.78 from a horizontal line in the weekly 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 SHIP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHIP is down. |
| ChartMill Relative Strength | 32.9 | NEUTRAL | SHIP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHIP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SHIP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.74 | NEUTRAL | The Stochastics value for SHIP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for SHIP suggests a possible start of a new trend. |
NASDAQ:SHIP (10/20/2025, 10:48:32 AM)
8.19
+0.16 (+1.99%)