We assign a technical rating of 9 out of 10 to SHIP. 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.
Although SHIP has an excellent technical rating, the quality of the presented setup is not ideal 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.
7.70
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | 85.98 | POSITIVE | SHIP has a high relative strength, it outperformed 85.98% 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) | 68.95 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SHIP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.63 | OVERBOUGHT | The high Stochastics value suggests SHIP may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.15 | POSITIVE | The high ADX value value for SHIP suggests a strong trend. |
9.5
+0.28 (+3.04%)
ChartMill assigns a technical rating of 9 / 10 to SHIP.
The current trend direction for SEANERGY MARITIME HOLDINGS (SHIP) is Bullish.
SEANERGY MARITIME HOLDINGS (SHIP) has an RSI value of 68.9507. This indicates that the stock is currently neutral.
The MACD indicator for SEANERGY MARITIME HOLDINGS (SHIP) has a value of 0.0677356, indicating a bearish trend.
The short term momentum for SEANERGY MARITIME HOLDINGS (SHIP) is positive.