Overseas Shipholding Group Stock Forecast

Buy candidate since Jun 02, 2026 Loss -0.19%

The Overseas Shipholding Group Inc stock price fell by -0.193% on the last day (Wednesday, 3rd Jun 2026) from $5.18 to $5.17. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.97% from a day low at $5.05 to a day high of $5.20. The price has fallen in 9 of the last 10 days and is down by -11.77% for this period. Volume has increased on the last day by 277 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 724 thousand shares were bought and sold for approximately $3.74 million.

The stock lies in the middle of a very wide and weak 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 8.71% during the next 3 months and, with a 90% probability hold a price between $4.60 and $6.73 at the end of this 3-month period.

OSG Signals & Forecast

A sell signal was issued from a pivot top point on Thursday, May 07, 2026, and so far it has fallen -14.55%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Overseas Shipholding Group Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $5.36. On a fall, the stock will find some support from the long-term average at approximately $5.12. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for Overseas Shipholding Group Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.76 and $4.75. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Overseas Shipholding Group Inc finds support just below today's level at $4.76. If this is broken, then the next support from accumulated volume will be at $4.75 and $4.59.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.150 between high and low, or 2.97%. For the last week, the stock has had daily average volatility of 4.60%.

Our recommended stop-loss: $4.97 (-3.92%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (OSG) For The Upcoming Trading Day Of Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Overseas Shipholding Group Inc to open at $5.14, and during the day (based on 14 day Average True Range), to move between $5.01 and $5.33, which gives a possible trading interval of +/-$0.315 (+/-6.28%) up or down from last closing price. If Overseas Shipholding Group Inc takes out the full calculated possible swing range there will be an estimated 6.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.37 (3.87%) than the support at $4.76 (7.93%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Overseas Shipholding Group Inc stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.404 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $5.14 ( 0.580%).

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