SEANERGY MARITIME HOLDINGS (SHIP) Stock Technical Analysis
NASDAQ:SHIP - Nasdaq - MHY737604006 - Common Stock - Currency: USD
Overall SHIP gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SHIP was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SHIP is a bad performer in the overall market: 83% of all stocks are doing better.
SHIP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SHIP is part of the Marine Transportation industry. There are 34 other stocks in this industry, SHIP did better than 57% of them.
In the last month SHIP has a been trading in the 6.11 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHIP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.56, a Stop Loss order could be placed below this zone.
More info and screens
5.10
7.50
We found 2 important support areas.
- A support zone ranging from 6.18 to 6.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.15 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.53 to 6.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.77 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.23 to 7.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for SHIP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHIP is neutral. |
| ChartMill Relative Strength | 17.37 | NEGATIVE | SHIP has a low relative strength, it was outperformed by 82.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHIP is below 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) | DOWN | NEGATIVE | The current price of SHIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SHIP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.33 | NEUTRAL | The Stochastics value for SHIP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for SHIP suggests a possible start of a new trend. |
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)
6.51
+0.24 (+3.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg3.83%
1 Week-1.06%
2 Weeks-4.82%
1 Month0.31%
3 Month26.65%
6 Month-5.24%
12 Month-38.7%
2 Year12.05%
3 Year-8.32%
5 Year-57.17%
10 Year-99.93%
15 Year-99.95%
Volatility
ATR(14)0.23
ATR(20)%3.46%
ATR Inc35.32%
Range Today0.31
ADR(20)0.23
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.37
Mansfield-2.47
10 Day High6.88
10 Day Low6.11
20 Day High7.01
20 Day Low6.11
52 Week High12.65
52 Week Low4.78
CS1 End6.56
CR1 Start6.59
Volume & EV
DER(3)-3.15%
DER(5)-6.55%
Volume77.40K
Volume Incr1.73%
Vol(5)118.38K
Vol(50)101.71K