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 SMHI
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SEACOR Marine Holdings Inc stock upgraded from Sell Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The SEACOR Marine Holdings Inc stock price gained 1.23% on the last trading day (Wednesday, 27th Mar 2024), rising from $13.78 to $13.95. During the last trading day the stock fluctuated 2.41% from a day low at $13.71 to a day high of $14.04. The price has risen in 6 of the last 10 days and is up by 8.73% over the past 2 weeks. Volume fell on the last day by -31 thousand shares and in total, 180 thousand shares were bought and sold for approximately $2.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $14.09 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 16.97% during the next 3 months and, with a 90% probability hold a price between $13.11 and $16.48 at the end of this 3-month period.

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SMHI Signals & Forecast

The SEACOR Marine Holdings Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $13.89 and $11.88. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -0.499%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for SEACOR Marine Holdings Inc stock

SEACOR Marine Holdings Inc finds support from accumulated volume at $13.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.330 between high and low, or 2.41%. For the last week, the stock has had daily average volatility of 2.70%.

The SEACOR Marine Holdings Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $13.52 (-3.08%) (This stock has high daily movements and this gives high risk. The RSI14 is 80 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (SMHI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SEACOR Marine Holdings Inc to open at $13.90, and during the day (based on 14 day Average True Range), to move between $13.48 and $14.42, which gives a possible trading interval of +/-$0.469 (+/-3.36%) up or down from last closing price. If SEACOR Marine Holdings Inc takes out the full calculated possible swing range there will be an estimated 6.72% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.98 (0.22%) than the support at $13.64 (2.22%), 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 SEACOR Marine Holdings Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SEACOR Marine Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.101 Buy Candidate Upgraded

Predicted Opening Price for SEACOR Marine Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$13.90 ( 0.358%) $13.95

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

Trading levels for SMHI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.23 2.01 %
R2 14.10 1.10 %
R1 14.03 0.545 %
Current price: 13.95
Support S1 13.77 -1.26 %
S2 13.70 -1.82 %
S3 13.57 -2.72 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 14.02 0.502 %
R1 13.98 0.215 %
Current price 13.95
Support S1 13.64 -2.22%
S2 12.11 -13.19%
S3 10.71 -23.23%

FAQ

What is the symbol for SEACOR Marine Holdings Inc Stock and on which exchange is it traded?
The symbol for SEACOR Marine Holdings Inc is SMHI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell SEACOR Marine Holdings Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SEACOR Marine Holdings Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy SEACOR Marine Holdings Inc Stock?
SEACOR Marine Holdings 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 SEACOR Marine Holdings Inc Stock.

What's the current price of SEACOR Marine Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an SEACOR Marine Holdings Inc (SMHI) share was $13.95.

What is the 52-week high and low for SEACOR Marine Holdings Inc Stock?
The 52-week high for SEACOR Marine Holdings Inc Stock is $15.24 and the 52-week low is $7.30.

What is the market capitalization of SEACOR Marine Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of SEACOR Marine Holdings Inc is 374.517M.

When is the next earnings date for SEACOR Marine Holdings Inc?
The upcoming earnings date for SEACOR Marine Holdings Inc is May 01, 2024.
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About SEACOR Marine Holdings Inc

SEACOR Marine Holdings SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; assist in placing them on location and moving them between regions; provide construction, well work-over, mai... SMHI Profile

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