Seanergy Maritime Holdings Corp. (SHIP)

[Mightymin]

Trend
Seanergy Maritime Holdings Corp lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 26.72% during the next 3 months and, with 90% probability hold a price between $1.09 and $1.88 at the end of this period.

Evaluation
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

stockinvest.us/technical-analysis/SHIP