SEANERGY MARITIME HOLDINGS (SHIP) Technical Analysis
NASDAQ:SHIP • MHY737604006
Current stock price
SHIP Technical Rating and Analysis
Taking everything into account, SHIP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SHIP 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.
- When comparing the yearly performance of all stocks, we notice that SHIP is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, SHIP also shows a nice and consistent pattern of rising prices.
- SHIP is part of the Marine Transportation industry. There are 35 other stocks in this industry. SHIP outperforms 97% of them.
- SHIP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SHIP has a been trading in the 12.53 - 15.19 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
SHIP Weekly and Daily overview Charts
SHIP Setup Rating and Analysis
SHIP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.90. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SHIP Support and Resistance Analysis
10.70
We found 5 important support areas.
- Support @14.87 from a horizontal line in the daily time frame.
- A support zone ranging from 13.98 to 14.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.10 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.12 from a trend line in the weekly time frame.
- Support @10.81 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.90 to 14.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHIP Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SHIP is up. |
| ChartMill Relative Strength | 96.25 | POSITIVE | SHIP has a high relative strength, it outperformed 96.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHIP is above the rising 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) | 63.29 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHIP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.71 | NEUTRAL | The Stochastics value for SHIP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for SHIP suggests a strong trend. |
SHIP Chart- and CandleStick Pattern Analysis
SHIP 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.91 | 14.86 | 0.05 (0.34%) | 25.00% |
| An entry @14.91. This is a Buy Stop order right above the resistance zone. | An exit @14.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.05 points, which is 0.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The distance between exit and entry is rather small compared to the average daily movement of SHIP. 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.
SHIP Technicals: Chart, Performance Metrics, Trend & Indicators
14.89
+0.6 (+4.2%)
SEANERGY MARITIME HOLDINGS / SHIP TA FAQ
What is the ChartMill technical rating of SEANERGY MARITIME HOLDINGS (SHIP) stock?
ChartMill assigns a technical rating of 10 / 10 to SHIP.
What is the trend direction for SHIP stock?
The current trend direction for SEANERGY MARITIME HOLDINGS (SHIP) is Bullish.
Can you provide the RSI signal for SEANERGY MARITIME HOLDINGS?
SEANERGY MARITIME HOLDINGS (SHIP) has an RSI value of 63.2856. This indicates that the stock is currently neutral.
What is the MACD signal for SHIP stock?
The MACD indicator for SEANERGY MARITIME HOLDINGS (SHIP) has a value of -0.0225263, indicating a bearish trend.
What is the buy/sell signal for SEANERGY MARITIME HOLDINGS (SHIP) stock?
The buy/sell signal for SEANERGY MARITIME HOLDINGS (SHIP) is buy as both the short term and long term trends are positive.