RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of INSW
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Red day on Tuesday for International Seaways Inc
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 17, 2024 Gain 2.62% PDF

The International Seaways Inc stock price fell by -1.12% on the last day (Tuesday, 23rd Jul 2024) from $58.67 to $58.01. During the last trading day the stock fluctuated 1.45% from a day low at $57.70 to a day high of $58.53. The price has been going up and down for this period, and there has been a 2.18% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -69 thousand shares and in total, 481 thousand shares were bought and sold for approximately $27.89 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.50% during the next 3 months and, with a 90% probability hold a price between $52.86 and $62.47 at the end of this 3-month period.

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INSW Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 5.68%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The International Seaways Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $58.74. On a fall, the stock will find some support from the short-term average at $56.93. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for International Seaways Inc stock

International Seaways Inc finds support from accumulated volume at $57.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.84 between high and low, or 1.45%. For the last week, the stock has had daily average volatility of 2.93%.

Our recommended stop-loss: $55.61 (-4.14%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 39 days ago.)

Trading Expectations (INSW) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect International Seaways Inc to open at $58.08, and during the day (based on 14 day Average True Range), to move between $56.48 and $59.54, which gives a possible trading interval of +/-$1.53 (+/-2.64%) up or down from last closing price. If International Seaways Inc takes out the full calculated possible swing range there will be an estimated 5.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $57.19 (1.41%) than the resistance at $59.31 (2.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is International Seaways Inc stock A Buy?

International Seaways Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.037 Hold/Accumulate Unchanged

Predicted Opening Price for International Seaways Inc of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$58.08 ( 0.118%) $58.01

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for INSW

Fibonacci Support & Resistance Levels

Level Price
R3 58.91 1.56%
R2 58.59 1.01%
R1 58.40 0.668%
Price 58.01
S1 57.76 -0.432%
S2 57.56 -0.772%
S3 57.24 -1.32%

Accumulated Volume Support & Resistance Levels

Level Price
R3 61.90 6.71%
R2 61.29 5.65%
R1 59.31 2.24%
Price 58.01
S1 57.19 -1.41%
S2 56.83 -2.03%
S3 56.17 -3.17%

INSW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 07, 2024 Jun 12, 2024 Jun 26, 2024 $1.75 2.92%
2 Feb 28, 2024 Mar 13, 2024 Mar 28, 2024 $1.32 2.48%
3 Nov 06, 2023 Dec 12, 2023 Dec 27, 2023 $0.480 1.04%
4 Aug 09, 2023 Sep 12, 2023 Sep 27, 2023 $1.42 3.20%
5 May 04, 2023 Jun 13, 2023 Jun 28, 2023 $1.62 4.49%

FAQ

What is the symbol for International Seaways Inc Stock and on which exchange is it traded?
The symbol for International Seaways Inc is INSW and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell International Seaways Inc Stock?
International Seaways Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy International Seaways Inc Stock?
International Seaways Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy International Seaways Inc Stock.

What's the current price of International Seaways Inc Stock?
As of the end of day on the Jul 23, 2024, the price of an International Seaways Inc (INSW) share was $58.01.

What is the 52-week high and low for International Seaways Inc Stock?
The 52-week high for International Seaways Inc Stock is $65.94 and the 52-week low is $36.81.

What is the market capitalization of International Seaways Inc Stock?
As of the Jul 23, 2024, the market capitalization of International Seaways Inc is 2.909B.

When is the next earnings date for International Seaways Inc?
The upcoming earnings date for International Seaways Inc is Aug 14, 2024.
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About International Seaways Inc

International Seaways International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments, Crude Tankers and Product Carriers. As of December 31, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels. It serve... INSW Profile

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