Thursday, October 19, 2017 2:18:25 PM
Seanergy Maritime Holdings Corp technical rating as of 2017-10-18
(SHIP Price of Stock at Publication: $1.23)
Price Alert: Seanergy Maritime Holdings Corp (NASDAQ:SHIP) has now crossed into technical strength -- watch the technical oscillators for momentum gaps. The company has not quite broken out to extreme strength, but rather sits at a four bull momentum rating -- that is strength but not yet through technical resistance.
The risk here is that the stock cannot break through the approaching technical resistance which could mean the current strength could flip. But for now, the stock price is moving slightly higher and does have room to the upside before it hits a potential wall of resistance and an overbought momentum rating of five bulls.
SHIP is up +59.1% over the last three months and up +36.7% over the last six months. The stock has returned -51.8% over the last year. The current stock price is $1.23.
The technical rating goes from a rating of one, the weakest upside technical, to a rating of five, the highest upside technical. This is strictly focusing on price and technical -- that means we focus on real-time stock price movement and then position it relative to the simple moving averages. To make the technical rating meaningful, the moving averages are also compared to each other.
Technicals | Support: 1.12 | Resistance: 1.2461
Golden Cross Alert: The 50 day MA is now above the 200 day moving average.
As we noted above -- the back of the envelope rule here is that when shorter-term moving averages move above the longer-term ones, momentum is building. We have that right now.
Swing Golden Cross Alert: The short-term 10 day moving average is now above the 50 day moving average.
When the shortest-term moving average (10-day in this case) moves above any other moving average (50-day in this case), momentum is climbing.
The pivot points and momentum reign here: Seanergy Maritime Holdings Corp has a four bull (high rated) technical rating because the stock is trading above its 10-, 50-and 200- day simple moving averages and even though the stock is down on the day, the 10 day moving average is above the 50 day moving average (also called a "swing golden cross").
We now turn to the actual numbers driving this rating:
Seanergy Maritime Holdings Corp (NASDAQ:SHIP) rating statistics:
10-day moving average: $1.17
50-day moving average: $1.08
200-day moving average: $0.94
Recent SHIP News
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 08/09/2024 08:13:13 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/09/2024 04:15:09 AM
- Seanergy Maritime Reports Record Second Quarter and First Half Financial Results for the Periods Ended June 30, 2024 • GlobeNewswire Inc. • 08/06/2024 12:00:00 PM
- Seanergy Maritime Announces the Date for the Second Quarter and Six Months Ended June 30, 2024 Financial Results, Conference Call and Webcast • GlobeNewswire Inc. • 08/01/2024 01:15:00 PM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 07/30/2024 09:30:07 PM
- Form F-3 - Registration statement by foreign private issuers • Edgar (US Regulatory) • 07/12/2024 08:34:04 PM
- Leading Shipowners Presented at the 4th Annual Capital Link Decarbonization in Shipping Forum • GlobeNewswire Inc. • 07/08/2024 03:39:35 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/14/2024 08:15:15 PM
- Seanergy Maritime Announces Successful Delivery of a Japanese Capesize Vessel and Two New Time Charter Agreements with Costamare Bulkers Inc. • GlobeNewswire Inc. • 06/13/2024 01:00:00 PM
- Sphinx Investment Corp. Issues Statement on Seanergy • Business Wire • 06/03/2024 08:44:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 06:45:52 PM
- Seanergy Maritime, CEO, Stamatis Tsantanis Interview at Schwab Network • GlobeNewswire Inc. • 05/31/2024 05:27:07 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/17/2024 08:15:19 PM
- Seanergy Maritime Reports Record Financial Results for the Quarter Ended March 31, 2024 and Declares Cash Dividends of $0.15 Per Share • GlobeNewswire Inc. • 05/15/2024 01:00:00 PM
- U.S. Index Futures Flat Ahead of April CPI Data Release, Oil Prices Drop • IH Market News • 05/15/2024 11:50:05 AM
- Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2024 Financial Results, Conference Call and Webcast • GlobeNewswire Inc. • 05/09/2024 01:00:00 PM
- Seanergy Maritime Announces Availability of its 2023 Annual Report on Form 20-F • GlobeNewswire Inc. • 04/03/2024 08:05:00 PM
- Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares a Cash Dividend of $0.10 Per Share • GlobeNewswire Inc. • 03/15/2024 01:00:00 PM
- REMINDER - Leading Dry Bulk & Container Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City • GlobeNewswire Inc. • 03/06/2024 02:00:00 PM
- Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2023 Financial Results, Conference Call and Webcast • GlobeNewswire Inc. • 03/05/2024 02:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:09:50 PM
- Leading Dry Bulk & Containers Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday March 11, 2024 in New York City • GlobeNewswire Inc. • 02/13/2024 04:27:51 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 09:05:15 PM
- Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels • GlobeNewswire Inc. • 01/30/2024 01:30:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 12/28/2023 10:15:14 PM
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