SEACOR MARINE HOLDINGS INC (SMHI) Technical Analysis
NYSE:SMHI • US78413P1012
Current stock price
SMHI Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to SMHI. Although SMHI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- SMHI is one of the lesser performing stocks in the Energy Equipment & Services industry. 75% of 62 stocks in the same industry do better.
- In the last month SMHI has a been trading in the 6.89 - 8.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, SMHI did better than 77% of all other stocks. On top of that, SMHI also shows a nice and consistent pattern of rising prices.
- SMHI 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 SMHI is lagging the market slightly.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
SMHI Weekly and Daily overview Charts
SMHI Setup Rating and Analysis
SMHI has a poor technical rating and the quality of the setup is also only medium 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
SMHI Support and Resistance Analysis
6.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.95 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.75 from a trend line in the weekly time frame.
- A support zone ranging from 6.47 to 6.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.41 to 7.46. 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 7.77 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
SMHI 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 | NEUTRAL | NEUTRAL | The long term trend for SMHI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMHI is down. |
| ChartMill Relative Strength | 77.31 | POSITIVE | SMHI has a high relative strength, it outperformed 77.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.09 | NEUTRAL | The RSI value for SMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SMHI has a negative trend. |
| Stochastics (14,3) | 14.59 | OVERSOLD | The low Stochastics value suggests SMHI may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for SMHI suggests a weak or negative trend. |
SMHI Chart- and CandleStick Pattern Analysis
SMHI Technicals: Chart, Performance Metrics, Trend & Indicators
6.96
-0.16 (-2.25%)
SEACOR MARINE HOLDINGS INC / SMHI TA FAQ
What is the technical rating for SMHI stock?
ChartMill assigns a technical rating of 3 / 10 to SMHI.
What is the trend direction for SMHI stock?
The current trend direction for SEACOR MARINE HOLDINGS INC (SMHI) is Bearish.
What is the RSI signal for SMHI stock?
SEACOR MARINE HOLDINGS INC (SMHI) has an RSI value of 37.0948. This indicates that the stock is currently neutral.
What are the support and resistance levels for SEACOR MARINE HOLDINGS INC (SMHI) stock?
SEACOR MARINE HOLDINGS INC (SMHI) has a support level at 6.95 and a resistance level at 7.41. Check the full technical report for our detailed analysis of SMHI support and resistance levels.