SEANERGY MARITIME HOLDINGS (SHIP) Stock Technical Analysis
NASDAQ:SHIP - Nasdaq - MHY737604006 - Common Stock - Currency: USD
Taking everything into account, SHIP scores 7 out of 10 in our technical rating. In the last year, SHIP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SHIP has a been trading in the 6.39 - 7.60 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SHIP outperforms 46% of them, which is more or less in line with the market.
SHIP is part of the Marine Transportation industry. There are 36 other stocks in this industry, SHIP did better than 62% of them.
SHIP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHIP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SHIP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.02
7.54
When analyzing the support we can see 3 important areas.
- Support @7.42 from a horizontal line in the daily time frame.
- A support zone ranging from 6.60 to 6.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.47 to 7.47. 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 | NEUTRAL | NEUTRAL | The long term trend for SHIP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHIP is up. |
| ChartMill Relative Strength | 46.64 | NEUTRAL | SHIP is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SHIP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.62 | NEUTRAL | The RSI value for SHIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHIP has a positive trend. |
| Stochastics (14,3) | 70.39 | NEUTRAL | The Stochastics value for SHIP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for SHIP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | 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)
7.46
+0.18 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.54%
1 Week10.03%
2 Weeks6.57%
1 Month17.85%
3 Month33.21%
6 Month12.1%
12 Month-27.29%
2 Year40.75%
3 Year38.15%
5 Year55.74%
10 Year-99.93%
15 Year-99.93%
Volatility
ATR(14)0.25
ATR(20)%3.58%
ATR Inc72.58%
Range Today0.32
ADR(20)0.25
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.64
Mansfield-1.15
10 Day High7.6
10 Day Low6.7
20 Day High7.6
20 Day Low6.39
52 Week High12.65
52 Week Low4.78
CS1 End7.42
CR1 Start7.47
Volume & EV
DER(3)0.21%
DER(5)2.55%
Volume163.60K
Volume Incr1.76%
Vol(5)114.14K
Vol(50)117.14K