OCEANPAL INC (SVRN) Technical Analysis
NASDAQ:SVRN • MHY6430L3019
Current stock price
7.91 USD
+0.88 (+12.52%)
At close:
8.13 USD
+0.22 (+2.78%)
After Hours:
SVRN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SVRN. SVRN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than SVRN.
- SVRN is part of the Marine Transportation industry. There are 35 other stocks in this industry, of which 88% are performing better than SVRN.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- SVRN has an average volume of 5982260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SVRN has a been trading in the 3.12 - 11.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SVRN Weekly and Daily overview Charts
SVRN Setup Rating and Analysis
The technical rating of SVRN is bad and it also does not present a 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
SVRN Support and Resistance Analysis
SVRN 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 | DOWN | NEGATIVE | The long term trend for SVRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVRN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SVRN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SVRN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVRN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.94 | NEUTRAL | The RSI value for SVRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests SVRN has a positive trend. |
| Stochastics (14,3) | 61.98 | NEUTRAL | The Stochastics value for SVRN is a neutral value. |
| Average True Range in percent/ATR (20) | 20.13 | HIGH VOLATILITY | The high ATR as a percentage value for SVRN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for SVRN suggests a strong trend. |
SVRN Chart- and CandleStick Pattern Analysis
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)
SVRN Technicals: Chart, Performance Metrics, Trend & Indicators
7.91
+0.88 (+12.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg12.52%
1 Week28.62%
2 Weeks45.35%
1 Month-32%
3 Month-65.91%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%20.13%
ATR Inc14.39%
Range Today1.54
ADR(20)1.43
ADR(20)%18.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS2.19
6 months CRSN/A
Mansfield-30
10 Day High9.94
10 Day Low3.12
20 Day High11.7
20 Day Low3.12
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.7%
DER(5)2.19%
Volume67.00K
Volume Incr-85.41%
Vol(5)2.03M
Vol(50)5.98M
OCEANPAL INC / SVRN TA FAQ
Can you provide the ChartMill technical rating for OCEANPAL INC?
ChartMill assigns a technical rating of 0 / 10 to SVRN.
What is the trend direction for SVRN stock?
The current trend direction for OCEANPAL INC (SVRN) is Bearish.
What is the RSI signal for OCEANPAL INC (SVRN) stock?
OCEANPAL INC (SVRN) has an RSI value of 49.935. This indicates that the stock is currently neutral.
What is the short term momentum for OCEANPAL INC (SVRN) stock?
The short term momentum for OCEANPAL INC (SVRN) is negative.