Baltic Trading Limited (BALT) - Buy, Sell or Hold?
Sector: Transportation Sub-Sector: Marine Transportation
| Trade Date | Current Candlestick Pattern | Previous Candlestick Pattern | When | Performance Since |
|---|---|---|---|---|
| Fri, 17 Jul 2015 | Bearish Engulfing | Bearish Engulfing | Tue, 14 Jul 2015 | 0% |
| ***Stock database and scans are updated around midnight (New York time) every trading day. | ||||
1.50 0.00 (0%) Jul 17 4:06pm EDT
Open: N/A Range: N/A Vol: 0K Avg Vol: 441.16K
Analyze "BALT" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 1.52
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 1.55
Last Trade is below the 50 day moving average at 1.52
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 2.10
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
How to use this info: Stock Timing With Moving Averages
News on "BALT" Stock
| Transportation Stocks Above 200 Day Moving-Average | |||
|---|---|---|---|
| Ticker | Name | Trend Analysis | Support/Resistance |
| SHIP | Seanergy Maritime Holdings Corp | Buy, Sell or Hold | Trading Levels & Pivots |
| ESEA | Euroseas Ltd. | Buy, Sell or Hold | Trading Levels & Pivots |
| ECHO | Echo Global Logistics, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| ODFL | Old Dominion Freight Line, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| HTLD | Heartland Express, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| CHRW | C.H. Robinson Worldwide, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| RYAAY | Ryanair Holdings plc | Buy, Sell or Hold | Trading Levels & Pivots |
| ALGT | Allegiant Travel Company | Buy, Sell or Hold | Trading Levels & Pivots |
| PHII | PHI, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| JBHT | J.B. Hunt Transport Services, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
Stock Trend Analysis - Buy, Sell or Hold "Baltic Trading Limited" (BALT)?
BALT is in a very strong downtrend. For the last 52 weeks, BALT has maintained to stay firmly below the 200 day moving average for 98% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also in a trading range with a slight bullish bias. BALT may experience some profit taking and it is unclear how strong buying support will be for this stock as objectively, it is still in a strong long term downtrend with the 200 SMA currently at 2.10. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "BALT".The analyst consensus estimates for the 1 year price target for this stock is $2.26* (*source: Yahoo Finance).