SONICSHARES GLOBAL SHIPPING (BOAT) Stock Technical Analysis
NYSEARCA:BOAT - NYSE Arca - US8863646456 - ETF - Currency: USD
Overall BOAT gets a technical rating of 0 out of 10. BOAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BOAT is a bad performer in the overall market: 73% of all stocks are doing better.
BOAT is currently trading near the lower end of its 52 week range, which is not a good sign. BOAT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: BOAT has an average volume of 16804 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BOAT has a been trading in the 26.52 - 28.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BOAT 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
25.84
32.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.68 to 27.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.10 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.64 to 28.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.48 to 31.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.46
Mansfield-1.66
10 Day High27.99
10 Day Low26.52
20 Day High28.55
20 Day Low26.52
52 Week High38.83
52 Week Low26.52
Performance
1 Week2.38%
2 Weeks0.16%
1 Month-0.44%
3 Month-9.34%
6 Month-12.97%
12 Month-11.59%
2 Year-9.31%
3 Year-20.14%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)49.77
LBB26.63
UBB28.24
NYSEARCA:BOAT (3/7/2025, 8:08:11 PM)
27.6
+0.42 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week2.38%
2 Weeks0.16%
1 Month-0.44%
3 Month-9.34%
6 Month-12.97%
12 Month-11.59%
2 Year-9.31%
3 Year-20.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%1.55%
ATR Inc22.67%
Range Today0.46
ADR(20)0.39
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.46
Mansfield-1.66
10 Day High27.99
10 Day Low26.52
20 Day High28.55
20 Day Low26.52
52 Week High38.83
52 Week Low26.52
CS1 End27.39
CR1 Start27.64
Volume & EV
DER(3)-7.17%
DER(5)-3.09%
Volume22.50K
Volume Incr25.7%
Vol(5)15.70K
Vol(50)16.80K