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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SHIP is one of the better performing stocks in the market, outperforming 90% of all stocks.
- SHIP is part of the Marine Transportation industry. There are 35 other stocks in this industry. SHIP outperforms 88% of them.
- SHIP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHIP is lagging the market slightly.
- In the last month SHIP has a been trading in the 9.15 - 11.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
9.02
2 important support areas can be observed.
- A support zone ranging from 9.64 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 9.11 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @10.81 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.02 to 11.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 90.71 | POSITIVE | SHIP has a high relative strength, it outperformed 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHIP is above 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) | UP | POSITIVE | The current price of SHIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.17 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 61.1 | NEUTRAL | The Stochastics value for SHIP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.67 | NEUTRAL | The ADX value for SHIP suggests a possible start of a new trend. |
10.29
+0.08 (+0.78%)
SEANERGY MARITIME HOLDINGS / SHIP 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 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 56.1744. 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 positive.
What is the support and resistance level for SHIP stock?
SEANERGY MARITIME HOLDINGS (SHIP) has a support level at 9.71 and a resistance level at 10.81. Check the full technical report for our detailed analysis of SHIP support and resistance levels.