SEANERGY MARITIME HOLDINGS (SHIP)

MHY737604006 - Common Stock

9.59  +0.14 (+1.48%)

Technical Rating and Analysis

10

Overall SHIP gets a technical rating of 10 out of 10. 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.
Looking at the yearly performance, SHIP did better than 95% 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 part of the Marine Transportation industry. There are 29 other stocks in this industry. SHIP outperforms 89% of them.
SHIP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SHIP is leading the market.
SHIP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
SHIP Weekly chart
SHIP Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, SHIP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.97

9.69

7 important support areas can be observed.

  • A support zone ranging from 9.46 to 9.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.69 to 8.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.23 to 8.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.48 from a trend line in the daily time frame.
  • Support @7.05 from a horizontal line in the daily time frame.
  • Support @6.12 from a trend line in the weekly time frame.
  • Support @5.02 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.28
Mansfield3.59
10 Day High9.66
10 Day Low8.37
20 Day High9.66
20 Day Low8.23
52 Week High9.66
52 Week Low4.03
Performance
1 Week-1.05%
2 Weeks5.94%
1 Month12.23%
3 Month17.98%
6 Month70.27%
12 Month94.85%
2 Year-9.13%
3 Year-14.09%
5 Year-98.54%
10 Year-99.95%
15 Year-99.98%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)59.49
LBB8.31
UBB9.81
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.

ENTRYEXITDISTANCECAPITAL
9.578.680.89 (9.30%)10.75%
An entry @9.57. This is a Buy Stop order right above the resistance zone.An exit @8.68. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.89 points, which is 9.30%.When investing 10.75% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 Daily chart

SEANERGY MARITIME HOLDINGS

NASDAQ:SHIP (4/26/2024, 2:55:01 PM)

9.59

+0.14 (+1.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.48%
1 Week-1.05%
2 Weeks5.94%
1 Month12.23%
3 Month17.98%
6 Month70.27%
12 Month94.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%5.11%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.66
10 Day Low8.37
20 Day High9.66
20 Day Low8.23
52 Week High9.66
52 Week Low4.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume198.73K
Volume Incr-38.55%
Vol(5)212.80K
Vol(50)285.06K