SEANERGY MARITIME HOLDINGS (SHIP) Technical Analysis
NASDAQ:SHIP • MHY737604006
Current stock price
SHIP Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SHIP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month SHIP has a been trading in the 12.00 - 14.93 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, SHIP did better than 93% of all other stocks. We also observe that the gains produced by SHIP over the past year are nicely spread over this period.
- SHIP is one of the better performing stocks in the Marine Transportation industry, it outperforms 88% of 35 stocks in the same industry.
- SHIP 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 SHIP is performing more or less in line with the market.
SHIP Weekly and Daily overview Charts
SHIP Setup Rating and Analysis
Although SHIP 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.
More info and screens
SHIP Support and Resistance Analysis
9.13
4 important support areas can be observed.
- A support zone ranging from 12.10 to 12.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.41 from a trend line in the weekly time frame.
- A support zone ranging from 9.90 to 9.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.81 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for SHIP is neutral. |
| ChartMill Relative Strength | 93.47 | POSITIVE | SHIP has a high relative strength, it outperformed 93.47% off all stocks 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) | 42.86 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests SHIP has a negative trend. |
| Stochastics (14,3) | 17.53 | OVERSOLD | The low Stochastics value suggests SHIP may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for SHIP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.73 | POSITIVE | The high ADX value value for SHIP suggests a strong trend. |
SHIP Chart- and CandleStick Pattern Analysis
SHIP Technicals: Chart, Performance Metrics, Trend & Indicators
12.11
-0.66 (-5.17%)
SEANERGY MARITIME HOLDINGS / SHIP TA FAQ
What is the ChartMill technical rating of SEANERGY MARITIME HOLDINGS (SHIP) stock?
ChartMill assigns a technical rating of 9 / 10 to SHIP.
What is the current trend direction of SEANERGY MARITIME HOLDINGS (SHIP) stock?
The current trend direction for SEANERGY MARITIME HOLDINGS (SHIP) is Bullish.
What is the RSI signal for SEANERGY MARITIME HOLDINGS (SHIP) stock?
SEANERGY MARITIME HOLDINGS (SHIP) has an RSI value of 42.8588. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SEANERGY MARITIME HOLDINGS?
The short term momentum for SEANERGY MARITIME HOLDINGS (SHIP) is neutral.
What is the support and resistance level for SHIP stock?
SEANERGY MARITIME HOLDINGS (SHIP) has a support level at 12.1 and a resistance level at 12.81. Check the full technical report for our detailed analysis of SHIP support and resistance levels.