SEANERGY MARITIME HOLDINGS (SHIP) Technical Analysis
NASDAQ:SHIP • MHY737604006
Current stock price
SHIP Technical Rating and Analysis
Taking everything into account, SHIP scores 8 out of 10 in our technical rating. In the last year, SHIP was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SHIP has a been trading in the 11.55 - 14.87 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that SHIP is one of the better performing stocks in the market, outperforming 95% of all 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 35 other stocks in this industry. SHIP outperforms 97% of them.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.00 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.65 from a trend line in the weekly time frame.
- A support zone ranging from 10.06 to 10.09. 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 2 important areas.
- A resistance zone ranging from 12.97 to 13.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.36 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 | DOWN | NEGATIVE | The short term trend for SHIP is down. |
| ChartMill Relative Strength | 95.39 | POSITIVE | SHIP has a high relative strength, it outperformed 95.39% 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 | MIXED | The current price of SHIP is below 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) | 43.33 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SHIP has a negative trend. |
| Stochastics (14,3) | 16.97 | OVERSOLD | The low Stochastics value suggests SHIP may be oversold. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for SHIP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.8 | 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
12.01
-0.03 (-0.25%)
SEANERGY MARITIME HOLDINGS / SHIP TA FAQ
What is the ChartMill technical rating of SEANERGY MARITIME HOLDINGS (SHIP) stock?
ChartMill assigns a technical rating of 8 / 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 43.3342. 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 negative.
What is the support and resistance level for SHIP stock?
SEANERGY MARITIME HOLDINGS (SHIP) has a support level at 12 and a resistance level at 12.97. Check the full technical report for our detailed analysis of SHIP support and resistance levels.