SEASPAN CORP (SSW) Stock Technical Analysis
NYSE:SSW - New York Stock Exchange, Inc. -
Taking everything into account, SSW scores 1 out of 10 in our technical rating. SSW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SSW has a been trading in the 9.76 - 12.69 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, SSW outperforms 58% of them, which is more or less in line with the market.
SSW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSW is lagging the market.
The technical rating of SSW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.35
10.01
We found 1 important support area.
- A support zone ranging from 9.44 to 9.64. 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 SSW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSW is down. |
| ChartMill Relative Strength | 58.64 | NEUTRAL | SSW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SSW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.22 | OVERSOLD | The low RSI value suggests SSW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SSW has a negative trend. |
| Stochastics (14,3) | 9.95 | OVERSOLD | The low Stochastics value suggests SSW may be oversold. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for SSW suggests some volalility. |
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)
9.91
-0.49 (-4.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.71%
1 Week-13.75%
2 Weeks-20.34%
1 Month-20.85%
3 Month-15.66%
6 Month-4.53%
12 Month12.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%4.86%
ATR Inc31.21%
Range Today0.6
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.64
Mansfield-0.68
10 Day High12.36
10 Day Low9.76
20 Day High12.69
20 Day Low9.76
52 Week High14.62
52 Week Low7.79
CS1 End9.64
CR1 StartN/A
Volume & EV
DER(3)1.05%
DER(5)-1.44%
Volume1.39M
Volume Incr91.39%
Vol(5)1.30M
Vol(50)703.44K