STAR BULK CARRIERS CORP (SBLK) Stock Technical Analysis
NASDAQ:SBLK - Nasdaq - MHY8162K2046 - Common Stock - Currency: USD
Overall SBLK gets a technical rating of 0 out of 10. SBLK 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SBLK is a bad performer in the overall market: 78% of all stocks are doing better.
SBLK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
SBLK has an average volume of 2379360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBLK is part of the Marine Transportation industry. There are 30 other stocks in this industry, SBLK did better than 68% of them.
In the last month SBLK has a been trading in the 12.06 - 17.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of SBLK 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
13.65
17.68
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.25 to 14.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.03 from a trend line in the daily time frame.
- Resistance @17.50 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.82
Mansfield-2.55
10 Day High14.49
10 Day Low12.06
20 Day High17
20 Day Low12.06
52 Week High27.47
52 Week Low12.06
Performance
1 Week4.71%
2 Weeks-2.96%
1 Month-19.59%
3 Month-6.06%
6 Month-32.4%
12 Month-40.12%
2 Year-34.68%
3 Year-50.93%
5 Year143.21%
10 Year-30.18%
15 Year-93.55%
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)-0.07
RSI(14)42.36
LBB12.19
UBB15.93
13.79
+0.24 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.77%
1 Week4.71%
2 Weeks-2.96%
1 Month-19.59%
3 Month-6.06%
6 Month-32.4%
12 Month-40.12%
2 Year-34.68%
3 Year-50.93%
5 Year143.21%
10 Year-30.18%
15 Year-93.55%
Volatility
ATR(14)0.89
ATR(20)%5.46%
ATR Inc-70.05%
Range Today0.21
ADR(20)0.65
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.82
Mansfield-2.55
10 Day High14.49
10 Day Low12.06
20 Day High17
20 Day Low12.06
52 Week High27.47
52 Week Low12.06
CS1 EndN/A
CR1 Start14.25
Volume & EV
DER(3)4.03%
DER(5)4.21%
Volume1.00M
Volume Incr-46.48%
Vol(5)1.15M
Vol(50)2.38M