SEANERGY MARITIME HOLDINGS (SHIP) Technical Analysis
NASDAQ:SHIP • MHY737604006
Current stock price
SHIP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SHIP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHIP is showing a nice and steady performance.
- 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 one of the better performing stocks in the Marine Transportation industry, it outperforms 94% 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.
- In the last month SHIP has a been trading in the 11.55 - 14.08 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SHIP Weekly and Daily overview Charts
SHIP Setup Rating and Analysis
Although SHIP has an excellent technical rating, it does not offer a high quality setup 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 11.98 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.65 from a trend line in the weekly time frame.
- A support zone ranging from 10.09 to 10.12. 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.
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 | 96.26 | POSITIVE | SHIP has a high relative strength, it outperformed 96.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SHIP is above 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) | 60.68 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SHIP has a positive trend. |
| Stochastics (14,3) | 86.65 | OVERBOUGHT | The high Stochastics value suggests SHIP may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for SHIP suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for SHIP suggests a possible start of a new trend. |
SHIP Chart- and CandleStick Pattern Analysis
SHIP Technicals: Chart, Performance Metrics, Trend & Indicators
14
+0.45 (+3.32%)
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 60.6826. 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 0.0507524, 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.